Clearly Cup and handle pattern in Escorts Clearly Cup and Handle pattern in Escorts, which starts forming from Feb, 21 and up to Nov 24th, 21, clearly shows that the stock is ready to move upwards.
ESCORTS trade ideas
ESCORTS - Long positional - for educational purpose onlyTrading idea
Buy: 1832
Target: (ideal target 2217)
Stop loss: 1755
Profit: 5005
Loss: 1001
Risk/Reward: 1:5
Quantity: 13
Strategy: Flag pattern
Escorts can give a 20 to 30% upmove from hereEscorts is blasting and the operators are taking the prices higher.
Escorts can give a 20 to 30% upmove from hereEscorts is blasting and the operators are taking the prices higher.
Escorts trying to breakout of box consolidationNSE:ESCORTS has been trying to breakout of a 2 month long consolidation. Once it does, it might give a quick 10% move which is equivalent to the height of consolidation. Keep an eye!
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
Above 1560.If there is a chance of breakdown going to happen in these coming days, go for a long after 1560.
Target 1586
Sl 1544
BAT pattern visible for ESCORTSBAT pattern visible for ESCORTS
Buy above 1290
Target 1426 as it is PRZ for the pattern visible
Note: This analysis is for educational purpose only
ESCORTS BO Near - ATHEscorts broke out of ath resistance level on clb. Looks suitable for swing traders.
RANGE BREAKOUT IN ESCORTSTECHNICAL SETUP
* range breakout with good volume
* today big green candle is crossing DMA 200
* RSI 67
* buying volume breakout after selling pressure
* FIB retracement till 50 %
TRADE HIGHLIGHTS
* BUY= 1270
* STOPLOSS=1190
* TARGET 1= 1350
* TARGET 2= 1450
Channel Break out with Huge Volume Spikechannel break out and sustain above the break out ,we can see good movements further
CMP 1315
SL 1289
Target 1385+,1450+
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.
Long escortYesterday With Weak market
This given a Strong Breakout on daily and 2hr Time frame after a strong consolidation of 2 months
One can take entry as mentioned on chart
Escort Asy Triangle BONSE:ESCORTS
buy near 1225-1245
SL closing below 1120
T 1320, 1360, 1440
If sustain above 1470 then 1550 can be possible
#Escorts #Bullish Harmonic is in progress#Bullish Harmonic is in progress
Target 156-160+
SL -1185
CMP:1270 @ Aug 10,2021
Swing - Long opportunity The chart is self-explanatory !
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
