Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
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Product Portfolio
The Co. is engaged in the manufacturing of agricultural tractors, engines for agricultural tractors, construction, earthmoving and material handling equipment, round and flat tubes, heating elements, double-acting hydraulic shock absorbers for railways coaches, centre buffer couplers, automobile shock absorbers, telescopic front fork &...
Escorts is now making a fresh Breakout above prior ATH. If made successful BO, upcoming destination will be 2870 with downside capped 2100-2140 in wcb.
In Escorts there are Higher high and Higher Low Structure.
Recently, Higher low is 1915 that is support area
and...
Higher high is 2350 that is resistance area
looking to price action...
there are probability that price can touch 2350 level.
If you see the graph, the script had a good consolidation in range of 1100 1250 zone. it has given a breakout. The long term uptrend is intact and stock has caught up momentum recently.
Script is currently trading at P/E of 18 which compared to current bull market is low.
Based on chart, first target is 2000 with stop loss of 1100.
Kindly decide your entry levels...
# ESCORTS
Make Flag pattern in 4 hour time fram , make double bottom at support level , also break out with High volume at resistance level , and retest at resistance take support of 50 EMA . First Target will be 2246.55 and stop loss will be 2000.65 .
This is for educational purpose not a trading advice , so that's my view comment down your view.
ESCORTS - Breakout Confirmed, Potential for Upward Movement
ESCORTS has recently broken out, with a confirmed breakout above the resistance level. The stock is currently supported at 1925, and has potential targets of 2086, 2144, and 2214+.
This stock is definitely one to keep on your radar as there is a good chance of upward movement.
Escorts Kubota Limited is one of India’s leading engineering conglomerates operating in the high-growth sectors of agri-machinery, construction & material handling equipment, railway equipment and auto components. With over 1 million tractors in the fields in India, 16,000 construction and material handling equipment and 5 million auto-components manufactured till...
