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Amara Raja recently retested trendline resistance and is forming a moving crossover on the weekly chart - 9 over 20.
One can look to go short with a target of 700 and stop loss 755
Escorts on the weekly chart has formed a double bottom support separated on a 2-month gap. For the week ending 12th October 2018, the stock has formed a pin bar on the weekly charts.
The stock's next resistance is placed at 650 levels which is also the daily 20 DMA support.
Considering that the stock has taken quite a beating it is evident that some sort of pull ...