Escorts is in the correction phase. Wave 4 near to complete.
Position 1:- At the 38.2% (681-682) retracement (current position) take short with SL of 796 (In case this Fails)
Position 2:- At 50% (725) retracement as shown in the chart with SL of 735.
Nifty is in the correction phase. All 5 waves are completed. Now started the wave A and most possibly end at 10850.
Then wave B will start.
Can take a long position at 10800 levels for the short term with the target of around 11300, then again big correction wave C will start.
I will update the Levels again.