Short term trading call : Escorts

Buy Escorts around 123-124. Stock looks ready to give breakout from downtrend & consolidation around 120 levels. Keep stop loss of 119 levels, if it crosses 119 levels near close of market hours then book your minimal loss. Safe traders can book around 128-130 within 2 trading sessions.

If stock closes above 130-31 then it will come in the medium term uptrend channel wherein it can achieve 160 to 180 levels provided broader market supports this upmove!