Lets have a look at the Escorts futures Daily chart and you can see the breakout given in Escorts, Now the futures traders can buy escorts anywhere between 1240 to 1274. Stop Loss for this trade can be kept at 1190 & expected levels on charts are 1383 & 1447, according to the price move stop loss can be trailed.
Only for Educational Purpose
Hi Friends and Fellow Traders,
Key Levels Provided on the charts
Detailed Logic and Setup explained on the Charts
Entry on 1 Hourly Candle Closing Basis Only.. (DO NOT Rush in to your traders. Its a GAME of PATIENCE)
NSE:ESCORTS1! Tested - Lower Trendline of Channel today -
Was today's candle a reversal candle - will come to know soon.
If breaks 1300 Level in tomorrow's session - Might see further sell-off and look for some support at 100 Day EMA @1243
Thanks Chris for these Indicators!! CM_Stoch_MTF & CM_williams_