After 5 years of multiyear breakout..the price of the stock went on consolidation for good period of time 21 months and again giving bullish signals on chart with good volumes building on. Will this again give rise to a rally in price..only time decides!!
1. Breakout - Confirmed 2. Consolidation - 9 months 3. Base Building Range - 1240 to 2020 4. Target Profit Levels - 3200+ 5. Pattern - Rounding Pattern
This is the last chance to buy it, you won't get it again at this price.
stock has given Flag BO and now getting ready for ATH BO good for long only for educational purpose not for suggestion
Detailed 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.
A 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...
The 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 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.
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...
The 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 &...
ECLREX 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.
Breakout in Eclerx Services Limited with high volume.
good show strength also good long view and short term also gain good opportunity buy and hold long view positive.
ECLREX, 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)
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 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.
NSE: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.