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Escort looking weak target of 710 easily achievable.
Yes its a breakdown but a weak one wait for one more day for a follow through candle.
Escorts, maruti will lead the downslide
looking weak . testing of 775 levels very much possible. and if breakdown occurs 700 very much possible.
830 is the level to go short.stop above 857 should hold
range breakdown. breakdown of this script indicates loss of confidence of FII's.
Details in the chart
break down of a 4.5year range, head nd shoulder in recent market structure also supporting the weakness.
retest of 380 and 300 levels very much possible. Be patient wait for the levels.
it has given a breakdown with confirmation. at 3 month low.
Retest of 120 levels possible.
200 DMA will act as a strong resitance (163 is a good stop to hold)
DLF SHORT FOR A TARGET OF 195
20 months range breakout confirmed wait for a dip around 650 levels to enter
The scipts is in the range . whenever it makes a new high it falls aprrox 400 points.
trying sym triangle in small time frame.