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.
Do book your seat at the earliest –
•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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