Escorts has been a good stock for investing and the chart patterns are indicating a short drop July - October followed by a bull run for a year from November-November. Given the good monsoon till now (though by latest news it has halted before it reached the northern states) the price is likely to rally. It is a good time to slowly accumulate the stock. A dip until 1000 can be expected which would be good for bulk entry and would confirm the pattern. The share is trading at a price less than its intrinsic value so its a good buy.
Look at the past two bull run and we can reach our target either of the two ways.
Target 1900+ Risk-o-meter Mild Stoploss 2% from your entry or average price
Any chance of bounce back