ESCORTS - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis of Escorts Kubota Ltd. (ESCORTS)

⭐ Technical Rating: 4.1

📈 Trend Overview

Current Price: ₹3,490

50 DMA: ₹3,351 → Price trading above short-term average

200 DMA: ₹3,362 → Price also above long-term average

Trend Status: Trending Up The stock is showing a healthy uptrend, supported by strong price action above both key moving averages.

🔍 Momentum Indicators

RSI (62.8): Bullish zone; nearing overbought but still has room to run

MACD (36.5): Strongly positive and diverging from signal line; confirms bullish momentum

Volume: More than 2x the weekly average — indicates strong buying interest

📉 Chart Patterns & Signals

Recent Formation: Ascending triangle breakout in progress

Bollinger Bands: Price near upper band — bullish continuation likely

Candlestick Signal: Bullish marubozu near ₹3,450 — confirms strength

📌 Support & Resistance Zones

Level Price Range (₹)

Support 3,420 – 3,450

Resistance 3,600 – 3,650

Breakout Zone Above ₹3,650 could trigger rally toward ₹3,850–₹4,000

🎯 Entry & Exit Strategy

Optimal Entry: ₹3,430–₹3,460 (near support zone)

Stop Loss: ₹3,390 (below recent swing low)

Target Exit: ₹3,600–₹3,650 (resistance zone); ₹3,850+ if breakout confirmed

⚡ Short-Term Signals

Bullish bias with strong MACD and RSI

Watch for RSI > 65 and MACD histogram expansion for momentum confirmation

Volume spike near ₹3,600 would validate breakout strength

Would you like a visual chart sketch or a sector comparison with other auto equipment stocks? I can also help build a layered entry strategy if you're planning a staggered position.

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