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#TradersClub #ESCORTS ##StockAnalysis
t.me/learnwhy
#TradersClub #ESCORTS ##StockAnalysis
OHLC
1. Bullish Engulfing candle on Daily timeframe
2. Eight-day price loss recovered in a day
1. Bullish Engulfing candle on Daily timeframe
2. Eight-day price loss recovered in a day
P&F
1. On the daily timeframe, the formation of 100% Low Pole + DTB on HP. The bullish formation we can trust
2. On 0.15% x 3; 1-min timeframe, presence of Anchor follow-through + Probable DTB (988.7) on HP
3. Open Vertical counts on 1-min charts are 999 and 1006
1. On the daily timeframe, the formation of 100% Low Pole + DTB on HP. The bullish formation we can trust
2. On 0.15% x 3; 1-min timeframe, presence of Anchor follow-through + Probable DTB (988.7) on HP
3. Open Vertical counts on 1-min charts are 999 and 1006
Renko
1. ESCORTS is trading above TMA
2. TMA is properly aligned for a bullish run
1. ESCORTS is trading above TMA
2. TMA is properly aligned for a bullish run
Relative Strength against Nifty 50
1. On the daily timeframe, the formation of 100% Low pole
2. On 0.15% x 3; 1-min timeframe, the script is trading above TMA
3. TMA is properly aligned for bullish run
1. On the daily timeframe, the formation of 100% Low pole
2. On 0.15% x 3; 1-min timeframe, the script is trading above TMA
3. TMA is properly aligned for bullish run
Summary: (Part-1)
As per P&F Matrix, Performance score is 8 and Ranking Score is 82.5. Setup is bullish on 1% box-size.
As per RS Matrix, Performance Score is 4 and Ranking Score is 36.25. On 2% box size score is 1 and 3% score is 2. Good buy for intraday trade.
As per P&F Matrix, Performance score is 8 and Ranking Score is 82.5. Setup is bullish on 1% box-size.
As per RS Matrix, Performance Score is 4 and Ranking Score is 36.25. On 2% box size score is 1 and 3% score is 2. Good buy for intraday trade.
Summary: (Part-2)
As per charts, ESCORTS looks bullish and can be traded for a target of 1006; entry at 988.7 with SL at 973. RR is (Reward:17/Risk:16) 1.06. SL should be trailed once the stock moves in the bullish direction to ensure capital is intact as RR is only 1.
As per charts, ESCORTS looks bullish and can be traded for a target of 1006; entry at 988.7 with SL at 973. RR is (Reward:17/Risk:16) 1.06. SL should be trailed once the stock moves in the bullish direction to ensure capital is intact as RR is only 1.
