ESCORTS LTD CMP RS.134.30 ON 22-5-14
The stock looks good fundamentally and technically both and offers trading and investment opportunity.
A.FOR TRADERS:- Go long in the stock if it crosses 137.55 and stays above this and add on position above 145.20 for the mentioned targets of 149 / 186 .Your stop loss would be 130Kindly note that it is a positional call
B.FOR INVESTOR:-Invest 25% of the marked fund at current market rate and then buy on dips because the strong support level is at 102.50,please note that investor has to get out of the stock if it closes below 102.50 .The expected targets for the stock in 6-8 months would be 200.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.
The stock looks good fundamentally and technically both and offers trading and investment opportunity.
A.FOR TRADERS:- Go long in the stock if it crosses 137.55 and stays above this and add on position above 145.20 for the mentioned targets of 149 / 186 .Your stop loss would be 130Kindly note that it is a positional call
B.FOR INVESTOR:-Invest 25% of the marked fund at current market rate and then buy on dips because the strong support level is at 102.50,please note that investor has to get out of the stock if it closes below 102.50 .The expected targets for the stock in 6-8 months would be 200.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.
NOTE:-1.PRICE STATED HERE IS OF
SPOT MARKET.
2.RECOMMENDATIONS
ARE VALID TILL THE STOP LOSS IS TRIGGERED.
3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES
FOR MAXIMUM GAIN AND CAPITAL PROTECTION.
Contact me for strategic guidance to enter and
exit the trade
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