1 THIS IS FOR ONIY EDUCATION 2 ENTRY WHEN TRENDLINE BREAK WITH VOLUME TARGET ; T1 1171.5 T2 1184 SL ; 1140
What a rally. Almost 300% in a year. The question is Escorts still will go more up or the right time for correction. Well, Multiple confirmations on the current price. Elliots Impulse, XABCD, and ABCD all [rz on same levels which make a strong supply zone for Escorts. Investors can book profit in the current zone. Traders can take a small Position for...
On weekly chart inverted head and shoulder pattern can be clearly seen. Stock already broke the H&S neckline, now if it sustains above 900 levels and monthly closing comes above 900 then stock may start a fresh rally to the upside till 1150 /1300. Major support for the stock stands at 750-800 levels.
if fail to breakout, then chances are price can go downside.
As per what we see, operators have taken the stock to 52 weeks high of 918.4 some consolidation needs to be seen now. Profit booking selling should start next week.
entry and exit point are given in chart
Wolfe Wave + Demand + Some Harmonic Bearish Pattern(Not expert in this) Short ESCORTS @ CMP with SL @ 940
Stock: Escorts Reason: Assuming H&S & It's Breakdown Cmp: 601.65 {Close} Short Below 601 Exp. Targets: 590-585-570-555-520 SL: 625.90
ESCORTS (Escorts Limited) BUY ABOVE 626
ESCORTS (Escorts Limited) BUY ABOVE 670
showing weakness as not going upside and stays in range for 4 sessions with bearish divergence and stable volume can give us good downside move. plan trade accordingly.
We can see Pullback at 450 and Wait For Reversal Confirmation Upside BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Escort retesting buying zone, Buy in levels
INTRA : UPMOVE STRICTLY above 775 with sl 765 for 783-793