ESCORTS trade ideas
Escorts AnalysisMonthly Outlook: Very bullish
Stock making higher highs and higher lows
MT Outlook: Long Buildup
ST Outlook: Long Buildup
Above 5,20,50,100,200 SMA
IF 1570 breaks and sustains, you can go for a bullish trade
Upside Targets: 1610,1650,1700
A great stock for someone who likes momentum trading
ESCORTS - Weekly - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.