Swing Opportunity in Escorts

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Go Long above 1189 for Targets of 1225.45 with SL 1152.55

Reasons to go Long :

1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1 Day chart we see the stock took the support of 0.618 Fibonacci level.

2. Around 0.618 Fibonacci level, we can see that the stock is forming double bottom (W pattern) which is bullish.

3. Also there is a trendline that is providing strong support to the stock.
交易开始
Entry triggered on 28 June 2021
交易结束:到达目标
Target achieved on 1 July 2021
Double Top or BottomFibonacciTrend Lines

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