The Best Week to Buy Escorts

                Weekly View of Escorts
The stock is trading on uptrend on weekly time frame. The MACD has also crossed the signal line and is moving above it which shows that the stock will go on upside. The parabolic SAR is also indicating that the dots are below the price level which indicates that the upward movement of stock. Buy Escorts above 976 with the target around 998-1015 and the stop loss at 960.In the past two weeks, Escorts has been stuck in a sideways phase. The decline seems to be getting arrested around the 21-DEMA which has acted as a strong support zone in the recent past. After forming a Doji candlestick it witnessed impressive follow-up buying and is now on the verge of a declining channel pattern breakout.

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