ESCORTS trade ideas
Escorts tech.analysisHello guys.
Escorts was trading in a range of 65-70 points.
It is still in that range. But it has shown us a starting of uptrend.
My view on esorts is bullish. After a breakout of resisted trend line on 15 mins chart.
1163-1170 can be a resistance.
If it crosses and sustains above 1170-65 1200 can be see easily..
Thank you.
Sorry for the very late views..
** this is my personal view. **
ESCORTSNSE:ESCORTS
IT TAKES SUPPORT AT AROUND 1110-1115 LEVELS, FROM THERE IT CAN SCALE UP TO 1123, 1132 & 1138
IF IT BREAKS THE SUPPORT THEN 1103, 1097, 1092 AND 1083, 1075
EITHER SIDE TRAIL YOUR STOP LOSSES
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Escorts good shorting candidateEscorts is on verge to complete its impulse phase of elliot wave, if corrective wave unfolds from current levels we made see retrace ment of around 10-15-20% in counter from current levels,,
best range to go short is around 1140 to 1180 for safe traders
view gets negated above 1221 on closing basis of hourly candle,,
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.