ESCORTS : Turning Corrections into Opportunities ESCORTS KUBOTA
Learning Points:
Extended Retracement Zones: Corrections beyond standard Fibonacci levels (113%–127%) often precede strong reversals.
Multiple Entry Levels: Tiered buying zones reduce volatility risk and improve average entry.
Wave Analysis: Wave C zones offer attractive entry points for medium- to long-term trades.
Trading Plan:
Entry Strategy:
First Entry: ₹3409–₹3520 (extended retracement zone).
Second Entry: ₹3290–₹3330 (Wave C demand zone).
Stop-Loss Placement:
₹3268.60, below the second demand zone.
Target Strategy:
First Target Zone: ₹3821–₹3875, aligning with swing highs.
Second Target Zone: ₹4190, a major supply zone.
Predictions:
Support is expected near the first buy zone, with potential recovery toward ₹4190.
Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Conduct your research or consult a financial advisor before trading.
General Risk Management Rules:
Always maintain a 1:2 or 1:3 risk-reward ratio .
Avoid over-leveraging during high volatility.
For options, use spreads or hedging strategies to limit losses.
This detailed plan aims to provide clarity and actionable steps for traders across different timeframes. Trade responsibly!
Escortanalysis
#Escorts giving short opportunity,below 2794 2743/2675 aayega?Escorts has corrected around 5% this week and has closed near its low of 2794. This means next week it can remain under selling pressure and test support of 2743/2675. Any pull back towards 2846/2927 will be good short opportunity. What are your views on this, let me know in comments. Thanks for reading and happy trading.
ESCORTS TRENDLINE BREAKOUT ESCORTS - Breakout Confirmed, Potential for Upward Movement
ESCORTS has recently broken out, with a confirmed breakout above the resistance level. The stock is currently supported at 1925, and has potential targets of 2086, 2144, and 2214+.
This stock is definitely one to keep on your radar as there is a good chance of upward movement.
ES watch the bull flagWhile NQ is getting close to its resistance, ES is about to break the flag here.
Watching the flag to break to pop in on the long side, otherwise not really doing much at this time
Watching the close above 3959SPX for a continuation into 4010+ zone next week.
Will jump on the long side if we hold that level on the close
ES stopped at its first good support trendline, SPX broke itCheck the orange line and see a link for the SPX chart below.
ES stopped at the support trendline (we broke out from on Jul 27th and now re-tested from the top)
Expect this to be a good support for at least this week.
SPX already broke it but stopped at smaller trendline from Sep 1 and 6th lows.
Apparently I can post 10 charts per day on this website and not more, so I will try to include links to my charts in my updates.
But this is very annoying, especially on days like today, I need an interactive trading platform so we all can share our charts and chat during the day.
I will do a separate SPX update with levels for tomorrow in an hour or so
But want to mention one thing:
- Usually the price reverses fully into Fri after the FOMC day.
Tomorrow is a directional change till Fri, expect a good size bounce and then lower into the 27th low.
After that low we should rally into early Oct high and make a final low Oct 28-31st (I will mention my main target in the SPX update)
ES very tricky both H&S and IHSI wont rule out a gap down tomorrow into the support cluster zone of 3910-50SPX.
ES has a small H&S pattern, visible on 5 min and bigger ISH, visible here.
Im not going to fight it when it breaks in either direction.
The cycle window for the low is today, it can stretch into tomorrow with lower lows being bought in am and rally all day.
This is my best guess for tomorrow, unless we gap up and rally all day as well.
Monthly closing resistance was provided in previous update
Must hold 3980 here again
ESCORTS LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
SELL AT 1430
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!
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 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.