flag & tradline bostock has given Flag BO and now getting ready for ATH BO
good for long
only for educational purpose
not for suggestion
ECLERX trade ideas
ECLERX - Breakout after 700+ daysDetailed 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.
Eclerx Services:- Bullish Flag BreakoutA 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 and target would be 1980.
Exit the position if the stop loss triggered on DCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
ECLERX - SWING TRADEThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
Eclerx is taking support from the previous level and can be bought at CMP while
keeping SL at support zone for R:R 1:1.5
ECLERX LOOKING GOOD FOR MORE UPSIDEECLERX
CMP : 1692
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
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.
WATCHOUT FOR 16 MONTHS RESISTANCE BREAKOUTThe stock has been consolidating in a resistance for 16 months and has given a strong daily candle close today.
This is a cash stock so kindly buy less quantity in this counter as per your RR.
Buy above 1720 (carry positional on day closing confirmation) for targets 1760, 1790, 1860 and 1950.
Kindly start trailing your position after Target 1.
Learn & Earn,
Dr. Tanya Kumar
ECLERXBuy: Next open price
Sell: Will update, will review every weekend.
S/L: No need, will review every weekend.
ECLREXECLREX 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.
good show strength also good long view and short term also gain.good show strength also good long view and short term also gain good opportunity buy and hold long view positive.
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)
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.
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.
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 #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
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
E clerk is ready to flyE clerk has given box breakout on weekly chart. You can add first tranche here. Do your own analysis before investing...
