ESCORTS
Downtrendline break in daily chart.
When it hit the down trendline there was series of red candles in 1hr chart but the volume was diminishing on successive candles.
11th june candle opens with gap up and closed by breaking downtrendline(shows good buying momentum).
on 1hr chart it is retest after the trendline breakout and on 15min chart it has formed HH Hl after taking support after trendline support.
I am watching this stock for coming days.
Entry 5min close above 1225
SL 1208(positional)
1214(intraday tomorrow)
Safe players can enter above 1234 where I expect huge momentum to the upside is possible.
Comment:
5min close above 1215 will be entry with SL at 1999. enter with min qty and scale up
Comment:
scale up at 15min close above 1223