On neckline cross, this can head to 430ish region. Else pattern will fail below recent low.
*Discretionary setups only : Pls use your own methods to build on the idea.
Consolidated for many months and now may try a fresh go at the resistances. My call would be to buy and hold till 500 unless the recent low is taken out.
On weekly charts, Allsec has given a break out from FLAG Pattern.
The week is still not over yet hence we need to wait out till friday for the confirmation.
This can do what Aptec did for us, Keep it under radar and buy for targets of;-
Short term:- 326/350
long-term- 500
Allsec Technologies Ltd. is a holding company, which engages in the provision of information technology enabled services for customers located in India and outside India. It operates through the following segments: Customer Life Cycle Management, Anti Money Laundering, and Human Resource Outsourcing. The Customer Life Cycle Management segment comprises inbound and outbound telephone calling services and call quality monitoring. The Anti Money Laundering segment pertains to vouching and screening requirements from the regulatory authorities to comply with anti-money laundering regulations. The Human Resource Outsourcing segment includes payroll preparation and statutory compliance support services. The company was founded by Adiseshan Saravanan and Jagadish Ramamoorthi on August 24, 1998 and is headquartered in Chennai, India.
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ALLSEC
