ESCORTS trade ideas
[Positional] Escorts Call SpreadShorted 1400CE today naked for now.
Recap
#Trade 1 - Escorts Double Top Pattern
#Trade 2 - Read Comments in that same trade. Point is I bought Escorts which shot up and fell and I got stuck in Monthly expiry margin stuff. So, I had to keep it till today.
I closed the buy trade. Updated there too. Now I will open sell leg.
#Escorts cash : looks good above 1355.10#Escorts cash - Positional call
02.02.2021
looks good above 1355.10
Stoploss 1320
Tgt 1385-1390/1440
Cmp 1334
Stock looks weak below 1200 NSE:ESCORTS
A decisive break below 1200 stock might correct towards 1170/1145/1110 in the near term and towards 1075 in the next couple of weeks SL can be placed @ 1265
All ideas shared are for educational purposes.
ESCORTS, TEXTBOOK EXAMPLE OF HEAD & SHOULDER PATTERNESCORTS have formed very beautiful H&S pattern at top and looking weak below 1197.
It has tried to break 1200 level for past 3 days and seem amid volatility on Monday can be traded with caution.
Thanks
Piyush Gupta
Learn & Earn
ESCORTS - Head & ShouldersHead & Shoulders pattern forming on 2H Chart of ESCORTS. SELL 1274.9/1264.9, SL 1325.10, Target(s) - 1235, 1215, 1185. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Escorts positional buyAfter a good retracement in the stock, It is making symmetric triangle and RSI is trading above 45. We can expect a good rally in the upcoming days if it is trading above 1384 and view negated below 1269.
Disc: Not a trading recommendation. Educational purpose only.
sale based on head & shoulder + rsi OBSERVATION :
👉HEAD & SHOULDER NECKLINE BREAK
👉MOMEMTUM VIEW :-
15mn RSI > 25
1hr RSI > 31
4hr RSI > 34
D RSI > 38
INTERPRETATION :-
ALL FRAMES RSI BELOW 45 = BEARISH MOMENTUM
ESCORTS SHORT TILL 1182MAKING A HEAD & SHOULDERS PATTERN IN WEEKLY CHART
WILL RETEST THE LEVEL OF 1182 BEFORE MAKING AN UPSIDE OR ELSE WILL FALL DOWN
ESCORTS IN 1DTF BUY FOR 20-30 % RETURNS.Escorts is forming an expansion channel pattern and getting a good support at thhe bottom trendline. It may give 20% up move once our alert is activated. Happy trading.
Flag Pole structure in ESCORTSPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
ESCORTS LOOKING GOODESCORTS on d verge of a BO
Above 1310 may test 1322/1334/1358
Intra sl 1289
Sl 1280 clbs
Disclaimer: Ideas for learning Only.
Homing pigeon, patternIdea just to identify the pattern.
Homing pigeon, is a pattern where a small body candle is formed inside a big candle. It indicates weakening of the down trend. Wait for confirmation candle.
Escorts _ Swing Setup (BUY)30 Min entry based on breakout
Daily Tf for analysis
Monthly the structure - BUY
