NSE ESCORTS - could break below 1900 and all the way to 1700

* Momentum to the downside with alll the loving average on top of each other
* Momentum is trending lower with a squeeze taking it below 1900 very likely
* IV is quite low (25%) for this stock and hence the put sellers could panic is the stock goes below 1900 selling aggresively
* Stop at 2050 and a target of 1800 (if and when 1900 is cleared)
* Momentum is trending lower with a squeeze taking it below 1900 very likely
* IV is quite low (25%) for this stock and hence the put sellers could panic is the stock goes below 1900 selling aggresively
* Stop at 2050 and a target of 1800 (if and when 1900 is cleared)
Dagangan aktif
Escorts closing in on 1900. Will take 30% profit if it goes below 1900 and the rest at 1800. There is a high chance of bounce backs in the middle as nifty could test 17350 again. However the chances of nifty going into a bull phase are not very high as of now (needs to first exhaust all buyers till 16800 before it should put in a bottom)Dagangan aktif
Took off 50% around 1850 levels - which is good as it bounced back hard from 1850 back to 1910. Still below the 21 EMA. So a move higher could reinitiate a short. But for now hold 50% short position. Stop is still +1.5 ATR around 2000Dagangan aktif
Active Flag - if the drop comes down to 1800 plus levels would look to cut the entire position and book profitsDagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.