Technical Analysis of Indian Equities by Nooresh

Escorts – Interesting candidate for Bounce Back

EscortsBreakout

 

Escorts --- The stock has fallen sharply with no meaningful pullback.

Closing above 76 opens up a move to 82 in short term and even 90-95 in extreme case.

 

Please do your own research as the stock is a volatile one. Disclosure: Have advised clients at 75.

 

Happy Investing,

 

Nooresh

Article by Nooresh Merani

Nooresh has written 2556 articles.

You can follow Nooresh Tech on Facebook and Twitter here.


{ 2 comments… add one }
  • Rahul September 22, 2011, 15:22

    What is the stop loss for this !

    the stock is now at 72.15

    Reply
    • nooresh September 26, 2011, 10:33

      Hi Rahul,

      We got hit at 73 levels

      Reply

Leave a Comment