EClerx Services Ltd. is an IT consultations & outsourcing company. It provides services based on process management, change management, data driven insights advance analytics etc. The company serves sectors like finance, telecommunication, media & software etc. eClerx Services CMP is 1394.70. Negative aspects of the company are declining annual net cash flow....
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
eClerx heading to 1125 levels? Lets see how it goes above 1050 Inverse H&S pattern breakout above 1050 levels. Must sustain these levels for big momentum
My analysis of the markets. I cover Nifty, Banknifty and the top stocks. I also talk about why BN outperformed Nifty.
The indices saw a choppy session ahead of the Thursday expiry. Midcaps and smallcaps continue to take a beating, but large caps seem to have held their ground well. Reliance tends to hold strong when the broad market is facing selling pressure, hence clearing the 2100 psych level. Where do you think the #stockmarket is heading? Important Nifty levels and...
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Price took support at trendline and also horizontal support zone. Bullish engulf candle. Buy above 1202 SL 1098 Target 1325-1350
This analysis is purely based on Price Action and Chart Patterns. Analysis is done on Weekly Time Frame, Hence it may take few weeks to couple of months for price to reach target. Traders should consider this before entering into the trade. As can be seen from the image, price gave the breakout and then has come down to retest that level as support. Also, a...
Hello, Bearish Crab may form in ECLERX in Weekly time frame. Note: This chart is only for reference and study purpose.