Here in this weekly chart of Escorts , -
I have shown the
1) Support and the Resistance
2) Trend line resistance
Mac-d is currently on +ve side on weekly chart
Price is above 200 Sma and is pointing upwards
Price is at a support level on weekly chart
Critics are welcome to comment on the above chart !!
I have shown the
1) Support and the Resistance
2) Trend line resistance
Mac-d is currently on +ve side on weekly chart
Price is above 200 Sma and is pointing upwards
Price is at a support level on weekly chart
Critics are welcome to comment on the above chart !!
Note
What a great up-move in Escorts today after this post yesterday ?It is Fast approaching the trend line which i have drawn !
The coming week is a make or break week for Escorts ?
Surely the trend line should give some amount of resistance
who wins is a matter of time !
Note
Toched trend line resistance in one day !!! :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.