Get started

Eclerxservices

eClerx (D) - Gathers Momentum for All-Time High BreakoutAfter a lengthy consolidation phase, eClerx Services is showing strong signs of renewed bullish momentum, positioning itself for a potential breakout to new all-time highs. The Context: A Healthy Consolidation Since reaching its All-Time High (ATH) in April 2025 , the stock has been trading within a well-defined sideways range, consistently respecting the upper resistance and lower support trendlines. A key bullish characteristic of this consolidation phase has been the noticeable drying up of trading volume , which typically suggests that selling pressure is exhausted and the stock is gathering energy for its next move. Today's Bullish Action Today's session (Monday, October 20, 2025) saw a significant surge in buying interest: - The stock rallied by +6.01%. - This move has brought the price to within 5% of the critical horizontal resistance level formed by the ATH. This action suggests that buyers are becoming more aggressive and are preparing to challenge the upper boundary of the consolidation range. Underlying Technical Strength The potential for a breakout is strongly supported by key momentum indicators across all major timeframes (Monthly, Weekly, and Daily): - The Relative Strength Index (RSI) is in a rising state. - The short-term Exponential Moving Averages (EMAs) are in a bullish positive crossover state. These signals indicate a broad and strengthening underlying trend that could fuel a successful breakout. Outlook and Key Levels to Watch The immediate path for the stock hinges on its ability to overcome the ATH resistance. - Bullish Scenario: If the current momentum continues and the stock achieves a decisive, high-volume close above the horizontal resistance , it would confirm a breakout. This would signal a continuation of the primary uptrend, with a potential next target of ₹5,150 . - Bearish Scenario: If the stock fails to break out and momentum fades, it will likely be rejected from the resistance and could fall back to test the lower support of the consolidation range, around the ₹3,900 level.
NSE:ECLERXLong
by Learn_with_Pth0mas
ECLERX SKYROCKETS 35%! This Pattern Signals ₹4,200 TargetNSE:ECLERX SKYROCKETS 35%, Made a Beautiful Chart Structure to Qualify for the Chart of the Week Price Action: - It experienced a powerful rally from ₹2,200 to ₹3,877 (all-time high) between July and October 2024 - Recent correction formed a descending wedge pattern from October 2024 to early May 2025 - Currently showing an explosive breakout at ₹3,301.80, up ₹852.40 (+34.80%) in this Week. - Massive single-week gain with a long bullish candle breaking above both resistance levels and the downtrend line - The weekly chart shows a strong V-shaped recovery from support Volume Analysis: - This Week's volume at 2.28M shares vs. average of 420.79K (over 5x normal volume) - Previous support bounces have also witnessed above-average volume - Extremely high volume on today's breakout suggests significant institutional participation - Volume pattern confirms the legitimacy of the price action Key Support and Resistance: - Strong support zone at ₹2,200-2,300 (green horizontal box) - tested and held multiple times over the past year - Previous resistance now likely support at ₹3,200-3,250 (green horizontal line) - Next resistance at all-time high of ₹3,877 (marked as "High") - Downtrend line (white diagonal) now broken with conviction Technical Patterns: 1. Descending Wedge Breakout- Classic bullish reversal pattern completed this week 2. Double Bottom*- Formed at ₹2,300 level in March-May 2025 3. Support Retest- Successfully retested the major support zone before the breakout 4. V-Shaped Recovery - Strong reversal indicating powerful buying interest Trade Setup: - Pattern: Descending wedge breakout with volume confirmation - Confirmation: Explosive price action and volume expansion - Context: Bullish reversal after testing major support zone Entry Points: 1. Aggressive Entry: Current price (₹3,301.80) with partial position 2. Pullback Entry: On retest of breakout level ₹2,900-3,000 3. Confirmation Entry: On consolidation and holding above ₹3,200 for 2-3 sessions Exit Strategy: - Target 1: ₹3,600 (psychological resistance) - Target 2: ₹3,877 (previous all-time high) - Target 3: ₹4,200 (pattern projection based on measured move) - Trailing Stop: 7% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹2,950 (below recent swing low) - Conservative Stop: ₹2,800 (near the breakout point of the wedge) - Pattern-Based Stop: ₹2,500 (invalidation level for the pattern) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 for aggressive entry, 1:2 for pullback entry - Consider scaling approach: * Enter 50% position now * Add 25% on confirmation of trend (holding above ₹3,200) * Add 25% on pullback (if it occurs) - Take partial profits: 30% at Target 1, 30% at Target 2, hold remainder with trailing stop NSE:ECLERX shows a powerful technical setup with its powerful breakout from a descending wedge pattern on record volume. The price action respects key technical levels, with the stock holding major support at ₹2,200-2,300 before staging today's massive rally. The breakout above both the wedge pattern and horizontal resistance, with 5x normal volume, suggests potential for continued upside momentum toward previous highs and beyond. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ECLERXLong
by Karanshah137
12
COFORGE & ECLERX: Two IT Underdogs on the Rise!COFORGE The stock displayed an Inverted Head & Shoulders pattern, and following the breakout, the price saw a substantial rise, subsequently created another bullish formation called Pole & Flag. Recently, the price has broken through and is expected to continue its upward trend. ECLERX This chart also reveals the presence of an Inverted Head & Shoulder pattern. Following a recent breakout, the price is positioned for an upward movement.
NSE:COFORGELong
by GoodluckCapital
2
Daily Falg Pattern BO in Eclerx ServicesIntroduction: 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 opportunities for providing innovative services and solutions to large global companies undergoing rapid business transformation challenged by legacy systems, new technology, data inaccuracies, and ever-changing processes and workflows. Created from humble beginnings in a small office in Mumbai, today eClerx employs 15,000+ people across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, UK, and the USA. Analysis A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:ECLERX . The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. Fresh position not recomended but if any one holding, then 2950 is immidiate possible target Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NSE:ECLERXLong
by raigvivek
Expecting Fireworks in Eclerx to go Berserk ! - 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%. - Quarterly Revenue rose 17.1% YoY to Rs 698.2 Crores. Its sector's average revenue growth YoY for the quarter was 12.4%. - Quarterly Net profit rose 11.6% YoY to Rs 132.5 Crores. Its sector's average net profit growth YoY for the quarter was -11.1%. - PE Ratio is 17.3 < Sector PE ratio of 58. - FII Holding decreased -0.02 % - DII Holding increased 0.70 % EClerx Services Ltd is engaged in providing Knowledge Process Outsourcing (“KPO”) services to global companies. The Company provides data management, analytics solutions and process outsourcing services to a host of global clients through a network of multiple locations in India, and abroad.
NSE:ECLERXLong
by CannySunny
3
Early move prediction in a small cap company (Eclerx Services).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 zone around 1550 levels coinside with 50% fib levels. The volume incidator is also showing some positive sentiment. Up move are in high volumes and the bearish days are showing low volumes. The stock is holding on the higher levels and has consolidated for 4 weeks forming a flag and pole pattern. A retest and another bull leg is how the market move. If the stock come to test the 50% levels, it can be bought and accumulated even on the lower levels of 1456 (200 DMA). Entry levels :- 1550, 1456 Targets :- 1750-1800, 1950 Time frame :- 3-4 months. Market are trading at ATH. The stocks will follow the market. This is a small cap company and looks fundamental good. The stock can be considered for long term investing too. Wait for price action near the levels before making position in the stock.
NSE:ECLERX
by TheMamboMomentum
FY21-22 Swing Trade Idea #53: Long on ECLERX 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 objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
NSE:ECLERXLong
by onerighttrade