Technical Charts – Eclerx at retest of breakout

Putting up some charts.

 

Do not consider them as buy/sell reco do your own research. Also read the disclaimer 

 

 

Technical View

 

- The stock gave a triangle/ channel breakout with volumes at 1350-1400.

- After making a move to 1650 the stock is back to retesting the breakout point at 1400-1420.

- An interesting company fundamentally with solid numbers and track record.

- Will this again take a reversal from support zones ?

 

Disclsoure :  The stock was initiated at 1350-1380 in Technical Traders Club and booked at 1600+ . No holdings as of now but a good co fundamentally

 

 

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The Investing Lab-Bridging Theory and Practice–Training Program Bangalore 28-29th March 2015 !!

Do book your seat at the earliest  –

https://www.payumoney.com/store/buy/til

 

 

DISCLOSURE

•Nooresh Merani

•Securities covered above: Eclerx

•SEBI Registration disclosure – Registration for RIA under Process

•Financial Interest:

•Nooresh Merani and his family/associates/ analysts do not have exposure in the securities mentioned in the above report/article.

•Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.

•Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.

•Nooresh Merani and his family/associates/ analysts has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.

•The views expressed are based solely on information available publicly and believed to be true, assessed on Technical Analysis and view of the Author . Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision

•Also read the detailed disclaimer – https://nooreshtech.co.in/disclaimer