Escorts closed the previous week on a negative note losing 11.57%.
Technically, Escorts share price will see immediate support at 2,638.77 and immediate resistance would be seen at 2,985.37.
If Escorts share price closes below immediate support of 2,638.77, then sharp breakdown can be seen. Escorts share price will see major support at 2,470.28 for the week.
On the positive side, immediate resistance will be seen at 2,985.37. Closing above 2,985.37, Escorts share price will see a sharp breakout. Major resistance for Escorts share price will be seen at 3,163.48 for the week.
Trading range for Escorts share price for this week should be between 2,292.17 on down side and 3,331.97 on up side.
Escorts Previous Week High: 2995
Escorts Previous Week Low: 2648.4
Escorts Previous Week Range: 346.6 Points
Escorts share price support and resistance for the week (February 12, 2024 – February 16, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 3,331.97 |
| Resistance 2 | 3,163.48 |
| Resistance 1 | 2,985.37 |
| Support 1 | 2,638.77 |
| Support 2 | 2,470.28 |
| Support 3 | 2,292.17 |
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