Introduction:
eClerx was founded in 2000 by Anjan Malik and PD Mundhra with the goal of transitioning, managing and transforming complex business processes. Following successful careers in investment banking, Anjan and PD, graduates of University of Pennsylvania’s Wharton School of Business, jointly identified significant...
- 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.
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...
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 is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Stock is less than 2% away from 52 week high and has been consolidating within a tight range of 8% for whole of last week. Average 10 day volumes of less than 55k. If stock breaks above last week's high on decent volumes a buy could be initiated with SL 10% away.
