ESCORTS trade ideas
ESCORTS, Learn & Earn (resistance zone breakout)ESCORTS if crosses 703 level can move up as this highlighted section is resistance zone. Next blocker around 725 followed by 765.
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Escorts can give a good upmoveEscorts broke two hourly trenlines shown by green. We can also see it giving a breakout after forming ascending triangle.
It can give a good upmove.The resistance of 700 is near.Chances are it will breach that resistance can will continue its move upward.
Rectangle - Target1
SkyBlueLine - target 2
BlueLIne - resistance at 700
Yellow Line - Hourly Support
ESCORTS LOOKING FOR STRONG REVERSAL (LONG POSITIONAL)Escorts is the stock, where its clearly looking for a positive reversal from these levels as the stock has a sound support around 540 levels, traders are advised to go long for positional with sweet risk to reward with the SL below the current swings below.
