Bullish Engulfing At Support
Escort is in downtrend for some time now, it did break its strong support at 1200 level and continued downward rally.
Selling pressure is showing some weakness and bulls seem to get charge in coming weeks. Also, good mansoon prediction would help for sale of tractors in coming months. Good upside candidate for positional trading. One can keep adding on dips now, Invalidates pattern if 1075 is broken.
Target - 1250, 1325, 1400
Selling pressure is showing some weakness and bulls seem to get charge in coming weeks. Also, good mansoon prediction would help for sale of tractors in coming months. Good upside candidate for positional trading. One can keep adding on dips now, Invalidates pattern if 1075 is broken.
Target - 1250, 1325, 1400
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