ESCORTS trade ideas
Lets wait for the stock to come at its perfect support level Lets wait for the stock to come at its perfect support level as stock has given multiple times significant up move whenever it has approached the range of 1077-1095, for good probable trades.
Escorts tech.analysisHello guys.
Escorts was trading in a range of 65-70 points.
It is still in that range. But it has shown us a starting of uptrend.
My view on esorts is bullish. After a breakout of resisted trend line on 15 mins chart.
1163-1170 can be a resistance.
If it crosses and sustains above 1170-65 1200 can be see easily..
Thank you.
Sorry for the very late views..
** this is my personal view. **
ESCORTSNSE:ESCORTS
IT TAKES SUPPORT AT AROUND 1110-1115 LEVELS, FROM THERE IT CAN SCALE UP TO 1123, 1132 & 1138
IF IT BREAKS THE SUPPORT THEN 1103, 1097, 1092 AND 1083, 1075
EITHER SIDE TRAIL YOUR STOP LOSSES
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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ESCORT -- INTRADAY TRADING SETUP FOR 18 AUG 2020 1 THIS IS FOR ONIY EDUCATION
2 ENTRY WHEN TRENDLINE BREAK WITH VOLUME
TARGET ; T1 1171.5 T2 1184
SL ; 1140
INTRADAY SELL ESCORTS BELOW 1130 SL 1142 TG 1120-1110-1100SELL ESCORTS BELOW 1130 SL 1142 TG 1120-1110-1100
BOLLINGER BAND BREAKOUT IN 30 MIN TIME FRAME ESCORTS BROKE BOLLINGER BANDS UPPER BAND AND NOW READY TO MOVE BIG
EXPECTED 1200+ IN 1-2 DAYS
SL 1130
Escorts good shorting candidateEscorts is on verge to complete its impulse phase of elliot wave, if corrective wave unfolds from current levels we made see retrace ment of around 10-15-20% in counter from current levels,,
best range to go short is around 1140 to 1180 for safe traders
view gets negated above 1221 on closing basis of hourly candle,,
Escorts Profit Booking zoneWhat 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 short.
More confirmation on the weekly chart.
ESCORTS broke hourly trend lineESCORTS broke the hourly trend line
1020 - 1000 could come as retesting
Escorts - @ fib channel resistance. Cut likely@ fib resistance and upward curve is broken. Shorts can be considered. 1080 Closing basis SL
Escort looking strongEscort gave a daily closer above support yesterday. If it starts trading above 1045 it can go till 1070-1075 (1.414 FIB Level)
1000-1010 seems to be solid support now.
Escort conditional short candidateEscort either wait for intermeditate channel breakdown and go short or wait for counter to reach higher end of channel to go short
counter is loosing steam at higher levels,, can fall swiftly to levels of 900,,800
ESCORTS PRICE AND CHART ANALYSISOn 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.
