Escorts Ltd. - High possibility to breakdown!!

Escorts Ltd.

Escorts Limited (ESCORTS) is showing negativity ahead of 100EMA : 922 in the hourly time frame.

RSI is in Downtrend.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***

A breakdown below 920 may further extend the weakness to the lower side. The next support is 200DAY EMA.

KEEP AN EYE!!
#tradingedge_academy #SMTA_institute