Putting up some charts.
Do not consider them as buy/sell reco do your own research. Also read the disclaimer
- 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
We are conducting an interesting two day workshop in Bangalore at the end of this month. Do attend to learn more about the way to invest.
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•Securities covered above: Eclerx
•SEBI Registration disclosure – Registration for RIA under Process
•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
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