Falling WedgeStock Analysis: Escorts has taken support from bottom trendline on falling wedge pattern, its good buy around marked demand area for the target given on the chart. Lets see
Happy Trading!
ESCORTS trade ideas
ESCORT - will be in positive movementEscort should be go up from here - can be go side way as marked up area. really will be good for short term trades and long term investment. Look at the RSI pretty close to oversold region.
Escorts - Bullish Wolfewave Escorts has bullish wolfewave and taking support of daily trendline and in daily demand zone... Target on chart...
ESCORTS_A VALUE TRADEIn our analysis ESCORTS comes under our value trade catagory.
This will give you a good return.
(For educational purpose only)
Escorts Technical PlayThe stock is making a series of higher highs and higher lows indicating strength in the near term trend. on a 4H chart, the stock has recaptured the 50% Fibonacci retracement levels indicating a reversal. The stock is well placed above its 20-day, 50-day and 100-day SMA which supports a sustained up-trend. Volume has been muted for most part of the session and any increase in volume can further add to the bullish thesis.
ESCORT ready steady goStay long ,,, company profile and performance is great 1434 resistance .. will break it soon.
triangle may formstock is on support of down trendline of triangle, showing fully rejection of sellers(by the time i am publishing idea but depend on EOD) , and making like spring , opened yesterday's opening and staying above , volumes are coming in, seems like price may bounce from here. with sl -8%
intraday1200 seems good level to buy either intraday or swing, if it brokes 1200 level then around 40 points can be down, as per my opinion
Breaking Trend line and ChannelEscorts Analysis.
Broken trendline expected target are marked on chart. lets see.
Cheers!!
ESCORTS will be up from hereFinancially very strong
Total income Quarterly rose from 1,119 to 1,693
Profit After Tax rose from 92.46 to 226.87 (145% growth).
Basic EPS increased 10.78 to 23.61.
Great growth super future - stay long for good return.
Chart pattern indicates - should be up from here soon
Bearish Flag breakdown on 30min time frame in EscortsEscorts is a good counter with mean time swings and after a good up move a bearish kind of flag is spotted on 30min time frame. Today I initiated a short trade on escorts but unfortunately I posted it late but if someone want to enter, if tomorrow escort breaks pervious day low then short it with a tight stop loss as major trend is still up.
(Note:- This is my personal views. Please consult with your financial advisor before taking trade.)
