ESCORTS ON CHART--->
Prices had given clear breakout above the Neckline level of Inverted Head & Shoulder Pattern with
Neckline breakout point at 68.6, creating Upward target point of approximately 21points from such
neckline level. This breakout is accompanied by good volumes too. If at High then it is advised to Buy on
retracements only.
BUY on retracements till closing is above 68.6 level with Stop below its previous Support zone,
mentioned. Book Profit near resistance zones.
CMP – 69.5.
RESISTANCE – 72, 74.5, 76
SUPPORT – 68, 65.5, 63.6
Prices had given clear breakout above the Neckline level of Inverted Head & Shoulder Pattern with
Neckline breakout point at 68.6, creating Upward target point of approximately 21points from such
neckline level. This breakout is accompanied by good volumes too. If at High then it is advised to Buy on
retracements only.
BUY on retracements till closing is above 68.6 level with Stop below its previous Support zone,
mentioned. Book Profit near resistance zones.
CMP – 69.5.
RESISTANCE – 72, 74.5, 76
SUPPORT – 68, 65.5, 63.6
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