A potential positional trade idea
. In last 2-3 months nifty 50 has corrected around 12-13%.
. most of nifty 50 stocks has down around 20-30% range.
But escorts is just consolidating at higher price range without falling that is a good sign.
So whenever market will show any kind of bullish sign , at that time this stock will fire.
it follows nifty 50 very less.
escorts may be a multi bagger stock because it has its own trend & correction.
Sign of multi bagger stock-
it will give you feeling of costly
volatility will be less
dont follow market correction most of time
Correction will be time wise
thanks
. most of nifty 50 stocks has down around 20-30% range.
But escorts is just consolidating at higher price range without falling that is a good sign.
So whenever market will show any kind of bullish sign , at that time this stock will fire.
it follows nifty 50 very less.
escorts may be a multi bagger stock because it has its own trend & correction.
Sign of multi bagger stock-
it will give you feeling of costly
volatility will be less
dont follow market correction most of time
Correction will be time wise
thanks
Penafian
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