ALLSEC | 13% target | Micro-swingIncorporated in 1998, Allsec Tech is a global leader in outsourcing solutions offering future-ready, resilient business transformation services to industry heavy-weights, Fortune 100 companies, and growth-focused organizations. The services provided by the Company include data verification, processing of orders received through telephone calls, telemarketing, monitoring quality of calls of other call centers, customer services and HR and payroll processing. The Company has delivery centers at Chennai, Bengaluru and NCR.
With 4,000+ FTEs spread across 5 contact centers in the US, Philippines, and India, the company manages over 1 Million customer contacts per day, via multiple touchpoints.
ALLSEC
AllSec Tecnologies: TK Crossover in hourly chartAs per Ichimoku trading strategy NSE:ALLSEC achieved a T-K crossover in hourly chart.
It's bullish because of:
Price above the Ichimoku cloud
TK Crossover
Leading Span green, upward
Lagging span above price and free
Buy with a SL of 562 for a target of 590/600 (positional).
Range Breakout Allsec TechlogyRange Breakout
Buy Allsec Technologies
Closing Price - 451.95
SL - 360 (WCB)
Target - 650/715/800
Chart Analysis of AllSec (2 Jan 2021)Multiyear Breakout completed on Weekly/Monthly Basis.
Target : 750,900
SL : 600 WCB
Only for educational purpose. Not a recommendation.
DAILY SWING CALL // Friday 28th of May 2021 // NSE: ALLSECDAILY SWING CALL // Friday 28th of May 2021 // NSE:ALLSEC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 395.2
TARGET: 455+ (15% Around)
STOP LOSS: 355 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
watch for resistance bothis stock after giving breakout has done pullback and now again trying to break swing high at 390 there is also a long term resistance around 410 above which
we can buy it for swing as well.
For Intraday-
keep qty less as this stock is not very liquid.
For Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
ALLSEC Technologies - CMP: 368The stock has given Trend Line breakout and also given Rounding Bottom breakout on the daily chart. MACD crossover also confirming bullish bios. RSI also indicates a continuation of the trend. We can expect a price target of 400 in the near term. Also closing above 412 will move the price further towards target of 460/485.
Swing and Intraday trade: watch for resistance breakoutbuy above 356 which is bit risky safe side buy above 368