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Published on 26/06/2020 10:41:49 AM | Source: Motilal Oswal Financial Services Ltd

Buy Escorts Ltd For Target Rs. 1090 - Motilal Oswal

Posted in Broking Firm Views - Short Term Report| #Auto Sector #Escorts Ltd #Trading Report #Motilal Oswal Financial Services Ltd

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Technical Trading Idea

* The stock has entered into life time high territory by surpassing 2018 high of 1017 and made a record high of 1048 in this week. It has also given a consolidation breakout on daily scale by holding above immediate hurdle of 1010 zones. Major trend of the stock is bullish and recent breakout confirms immediate momentum in the counter.

* Thus, recommending to buy the stock with stop loss below 1000 for an upside target towards 1090 levels.

Buy Escorts Ltd  2-3 Days CMP 1030 Target 1090 SL 1000

 

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