ESCORT BULLISH TRENDEscort mentioned on 20th may at 1163. Reachable level 1200 1230. Today it made high 1192 . Support at 1145. Keep an eye on this scrip..
ESCORTS trade ideas
Escorts - Start accumulating it will touch 1280 soon - Short terEscorts - Start accumulating it will touch 1280 soon - Short term
Its good for mid term also for the target- 1550
ESCORTS AT VERY IMPORTANT LEVELOne can intitate Buy position in HEROMOTOCORP with target of 1175/1200/1250
ESCORTS SHORT TERM VIEWEscort has given a good q results. Now forms a good support at 1130 level. Good to add for coming days. 1200, 1230 range..
ESCORTS TRADE SET UP HELLO FRIENDS,
HERE IS HARMONIC TRADE SET UP FOR ESCORTS THERE IS A BUTTERFLY PATTERN IN ESCORTS DAILY CHART YOU CAN BUY ESCORTS ABOVE 1135 TO 1160 WITH SL OF 1084 FOR THE TARGET OF 1440 IN COMING DAYS ...
HAPPY TRADING.
Stock Analysis of Escorts LimitedPrice - 1176.20 Dt. - 19.05.2021
Since Feb 2nd week the stock is in the bearish zone and lost 300 points in this time period. From 3rd May stock reversed the trend resumed the up move. The stock was near the overbought zone. Further with good monsoon expectation and declining covid-19 cases are another reason for Escorts Limited to move upward. Stock is facing strong resistance at 1185 levels but with ascending triangle formation we are expecting the stock to break the level.
Stock is slightly above 21 DEMA.
START OF NEW NEO IMPULSE.GET LONG ABOVE 1183COMPANY POSTED GOOD QUARTERLY RESULTS
IF PRICE BREAKS OUT IN TODAYS TRADING SESSION ABOVE 1183 THAN IT CONFIRM HIGHER HIGH AND HIGHER LOW PATTERN.
SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG ABOVE 1183
STOP LOSS OF 1140 ON CLOSING BASIS
TARGET 1280-1300.
TIME FRAME-1 MONTH.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
chance of consolidation breakout from support areachance of consolidation breakout from support area
ShortCover#Escorts is a perfect short covering candidate above 1183. It has made 3 back to back #StoppingVolume and #BagHolding candles with strong price rejection at lower levels. Volumes are significantly higher in last 3 sessions. Once it trades above 1283 and sustain it can move towards 1220/1269/1355. Results was quite good. A perfect long candidate.
Breakout and retestWith good quarterly results. Expects a rebound after retest.
Can be bought above 1188 for a target of 1255
Note: Educational purpose
ESCORTS Looks good !!!ESCORTS : cmp : 1163.55
After a significant correction its taking support near 1140-1160 zone.
A huge short covering possible above 1180.
So good to grab in this level for the
TGT 1235/1266/1298/1364/1404
SL 1097 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Escorts longHave a strong base at 1100, strong company, if breaks 1190 levels strongly has potential to reach 1300 and then 1430.
Choose one among escorts or eicher.
Swing Trade in EscortsA good buy opportunity in Escorts
Buy at 1173
SL 1100
Target 1250/1300/1380/1500
Escorts breakoutescorts giving a breakout from downward channel last Friday and consolidating near a strong resistance. 172-180 is a resistance zone. risky players can enter 5 min above 172.1 with strict SL or enter above 180. 180 will be a safe entry since it is above tomorrow's R1. target is 1198 book partial profits in between NSE:ESCORTS
