E Clerx services weekly
CMP 2476
Forming W pattern in weekly
Previous All time high breakout and retest done
Moving in a channel.
Can enter with Sl of last swing low
Disclaimer : For educational purpose only no buy sell recommended.
for intraday looking good above 2690 stock trading in the range at 3day if break 2690 with higher low it will go up
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
#ECLERX trading above Resistance of 2696
Next Resistance is at 3745
Support is at 1792
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
eClerx Services Ltd and given a ATH breakout. on a shorter time frame it has broken out of flag pattern as well. With RSI above 60, positive MACD, we can expect a good movement and expect an increase of 50% from current price.
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
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...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
There's been a notable development in a cup pattern breakout with substantial trading volumes. This pattern is indicative of a potential bullish trend in the stock market.
After the breakout, the stock underwent a retest of the breakout levels, a common occurrence in technical analysis. Interestingly, during this retest, we witnessed a significant move - the...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
ECLERX - Took support at trendline and can reverse up.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
- 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%.
-...
ECLERX - Multiyear breakout with good volumes.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
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.
Geographical Split
USA: 67% in FY21 vs 60% in FY18
UK: 6% in FY21 vs 4% in FY18
Europe: 20% in FY21 vs 23% in FY18
Asia Pacific: 7% in FY21 vs 13% in FY18.
EBIT for the period is INR...
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.
