Escorts in rising channel and looking bullish after 3260
Updated
Escorts Kubota is travelling into the long-term rising channel and nearing its resistance of INR 3260.
Post the level of INR 3260, it is expected to reach all the way to INR 3250 in the next 6-9 months time frame.
Post the level of INR 3260, it is expected to reach all the way to INR 3250 in the next 6-9 months time frame.
Trade active
Errata: Please read INR 3260 as INR 2360.Inconvenience caused is regretted.
Trade active
Trade active
Trade active
Although Target is reached but it has still some potential left to reach even higher.Trade active
Trade closed: target reached
Although Target is reached, it still has some potential to reach even higher.Expect some movement till 3550.
Trade closed manually
The stock momentum is drying out as of now, hence closing it manually. Our target was however reached.
All the best for next trades !!
Comment
Escorts is now entering into bearish mode. The target may be 2400 / 2100 in 4-5 months. Please trade cautiously.
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