Escorts under bears pressure after breaking its trend line support @ 662.50.

Escorts share price forecast
Escorts share price forecast

Advertisements

Stock witnessed selling pressure yesterday (18-07-17) after its broke its support zone @ 662.50. Stock touched an intraday low of 653.70 and closed 656.80. Visit this page for best free Escorts share price forecast.

Current technical chart indicates that stock can see further weakness and if falls then will find next strong support around 635 as shown in above image. For today’s trading stock so far trading around 650.80 at 11:58 am, down by Rs. 6 (0.91%). Shate price of Escorts opened 656, high 660.85 and low 648.40. Total traded volumes were 468767.

Advertisements

Mitessh Thakkar on CNBC TV 18 has given a sell call on ESCORTS, he recommended a sell in Escorts with a stop loss of Rs. 672 and target given Rs. 625. Click here for complete report.

Advertisements

Escorts share price forecast
escorts share price forecast

Escorts finding trend line support at 662.50. Technical chart indicates as long as stock holds above 662.50 bulls will be favored. Weakness expecting once stock closes and holds below 662.50. Stock major support resistance levels – Resistance around 732 and 767.50, support around 662.50, 635. Visit this page for best free Escorts share price forecast.

Advertisements

Share price of Escorts yesterday (14-07-17) closed at Rs. 675.95 with a gain of Rs. 3.70 (+0.55%). Stock opened 676, high 569.75 and low 663.45. Total traded volume at 969607. Escorts 52 weeks high 767.55 and 52 weeks low 218. Suggested link – Century textiles share price forecast.

Leave a Reply

Your email address will not be published. Required fields are marked *