Eclerx at major support level!!Stock has been sideways for almost last 2 years and has been taking support at the trendline. We could see a breakdown and the huge gap could be filled. It will be only confirmed below 1200 level.
Key stats
Market capitalization
64.858BINR
Dividends yield (FY)
0.05%
Price to earnings Ratio (TTM)
13.90
Basic EPS (TTM)
95.70INR
About ECLERX SERVICES LTD
eClerx Services Ltd. engages in the provision of data management, analytic solutions and process outsourcing services. The firm operates through the following geographical segments: USA, UK, Europe and Asia Pacific. It focuses on knowledge process outsourcing. The company was founded by Priyadarshan Mundhra and Anjan Malik on March 24, 2000 and is headquartered in Mumbai, India.
ECLERX DELIVERS A GOOD EARNINGS REPORT.ECLERX has a good support zone and bounced from same zone four times .Big volume spikes signifies accumulation .For initial Entry watch pullback and reaction around 200 DMA and then trail with Supertrend.
Eclerx BuyNSE:ECLERX Weekly triple bottom also looks like rounding bottom, may zoom stock price upto 2000 in short term. Stock is outperform the market from several weeks.
ECLERX LONG CMP 1450ECLREX, CMP 1450 . stock made double bottom and also showing good strength . MIDCAP IT sector is in favorable . Stock R:R is very lucrative .
CMP: 1450
Target : 1700
SL: 1390 ( day close basis)
Demand is getting stronger than supply at ECLERXOn the #ECLERX (eClerx Services Ltd) Daily Chart, demand is becoming stronger than supply.
BSE: 532927
NSE : ECLERX
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis
Eclerx - On the verge of Breakout? Couple of Important Technical Observations
Close above 2544 with volumes can be very crucial
Making higher lows since Feb 2022
No Recommendation
Daily chart of ECLERX SERVICESThis is the Daily chart of Eclerx service . It has formed inverted head & shoulder pattern. A breakout is expected soon.
Retest Done - Eclerx ServicesSeems like it has retested its important breakout level with high volumes and if it stays above breakout level (~2385 range) it rise up to 21% from its current price in very short term
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