Potential long trade in ESCORTS 6%Target

28 Sep 2023

I have noticed a promising trade opportunity in Escorts, a company. After studying the price charts, it is evident that there is an Imbalance and a trendline that acts as a support level. By closely monitoring how the price moves, we can predict when it will enter the area of imbalance and potentially achieve a target of a 6% gain. This trade has the advantage of having a minimal potential loss while offering a favorable balance between the potential reward and the risk involved.