Escorts Limited Technical View
Triangle breakout with multiple tops around 128.
Can target 140-145 in extreme short term and 180-200 in medium term.
Today the stock is moving with stronger volumes and price breakout. Can initiate a long with a stoploss at 121 now.
Disclosure : Already recommended to clients at 120-121.
Above is the chart from the Technical Trades –April 2014 . Some more interesting trade setups in it. You can subscribe it for just Rs 999
https://nooreshtech.co.in/2014/04/fresh-release-technical-trades-april-2014-at-rs-999.html
Thanks and Regards,
Nooresh Merani
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Cell – 09819225396
May 9, 2014
Escorts is now available at 108 levels. What’s your take?