short coveringEscorts break out of triangle patern on daily/hourly charts with decrease in OI suggesting short covering.
Risk:Reward = 1:3.5
Could be bought wih mentioned stoploss & target.
Escorts1!27-11
Daily chart of Escorts1!
Looks like a clear breakout
Manual trend and 200 EMA are bullish
RSI is getting into the overbought range but looks strong
We have multiple supports at 223.80, 2090.50 and so on.
The chart looks strong and one should wait for a dip and buy for positional trading.
Bull Power Bear Power Buy Signal BullPower Bear Power Buy signal has been generated for Escorts on Daily Charts. When signals are generated for Daily or weekly charts, usually these are more stable signals for medium to long term.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my stu
Keep an eye on Escorts for shorting opportunitiesShort near 1258-1254 zone Sl 1268.25 TGT 1233.5
Disclaimer : This is for educational purpose.Before investing & trading take decisions from ur financial advisor.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of ESCORTS FUTURES is 3,500.00 INR — it hasn't changed in the past 24 hours. Watch ESCORTS FUTURES price in more detail on the chart.
The volume of ESCORTS FUTURES is 750.00. Track more important stats on the ESCORTS FUTURES chart.
The nearest expiration date for ESCORTS FUTURES is Apr 24, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell ESCORTS FUTURES before Apr 24, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For ESCORTS FUTURES this number is 750.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for ESCORTS FUTURES shows that traders are closing their positions, which means a weakening trend.