ECLERX (1D TF) - Swing Trade Analysis given on 14th Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #eclerx
#ECLERX trading above Resistance of 2696 Next Resistance is at 3745 Support is at 1792 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Buy ECLERX Cmp - 2147 Add On Dips To 1900 Add More In Panic To 1750 SL - 1580 ( Weekly Closing Basis ) Target - 2700+++
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5% - Annual Revenue rose 24.2%, in the last year to Rs 2,713.8 Crores. Its sector's average revenue growth for the last fiscal year was 21.8%. - Annual Net Profit rose 17.1% in the last year to Rs 488.8 Crores. Its sector's average net profit growth for the last fiscal year was -5.1%. -...
Chart -> Eclerx Services Weekly All time high breakout with bullish giant candle! CMP: 2147 Good Range To Buy: 1950 to 2150 Targets: 2450, 2735 SL: 1770 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Detailed View about this Breakout: No.of Resistance: 7 No.of Support: 8 Consolidation Days: 700+ Days What do you think? 1. It is Good Breakout after 700+ days 2. Trap on buying High 3. No idea about it Share your view in comment section... I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
A bullish Flag & Pole formation has emerging on weekly chart of $NSE:ECLERX. We will get the confirmation once the current weekly candle get closed on coming Friday with Good Volume. Good Volume means Good Volume. If we get the confirmation of the breakout on coming Friday then we can create a fresh position on Friday's closing price. Stop loss will be rs 1650...
Eclerx services after a consolidation of 12 months has given a break out and is showing a trend reversal signal. The stock after the break out has given a 10%+ up move and in this month formed a gravestone doji from the resistance zone forming double top pattern. Currently, the stock is trading around 1625 levels, testing the 38.2% fib levels and the support...
ECLREX has experienced a breakout from the trend line with significant trading volume. However, it is currently facing resistance levels around 1680-1700 and 1970. If the stock manages to surpass these levels, it may move towards higher levels. It is advisable to scale positions gradually while setting a stop loss below 1480.
Couple of Important Technical Observations Close above 2544 with volumes can be very crucial Making higher lows since Feb 2022 No Recommendation
The stock is having an RSi above 70. The next targets are shown on chart
Detailed analysis given on the chart. Eclerx trading in a Darvas Box NSE:ECLERX
ECLERX: VCP Pattern, Good Risk to reward ratio, keep sl tight.
Trying to Find Entry in this stock since forever... I think the charts are super Bullish on all time frames. I like Low Float.. I like IT sector and entered this stock for medium to long time frame..
This stock has bounce from 50 DMA in previous 4 attempts, this is the 5 chance. Expecting history to repeat itself. Can enter with SL at 1135 closing basis Do your own analysis before entry.
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