DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
ECLERX SERVICES is now trading at 1801.75 .
the stock is indicating a cup and handle pattern .
for now we are expecting a trade on a breakout .
so the entry will be at 1864.85
and the target for this breakout will be at
T1 : 1980.15
T2 : 2201.10 respectively .
its just an idea for a trade ,
please do your own analysis
boost it if you found this informative .
*eClerx Services Ltd*
Rising C&H Formation on Yearly Basis.
C&H Formation on Monthly Basis.
7.3% Upside Needed to BreakOut ATH Priceline. Crossed & Sustained, then Good to Go!!
RSI: 1H =1D >W>M
Strong Vol Consolidation & Continued BuiltUp.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
the stock broke out with huge volume along with long correction and a long cup with a flat handle, signs are all good to add to the watchlist. let's see in the coming weeks how the stocks perform.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
The stock is looking in a down Trend and as per price action things look pretty tricky from the current point of you I am not expecting it to go on the upside but for me specification when the stock is trying to close below the line of sand more specifically the level of 1385 it will try to go in the downward direction and as we can see three times at this...
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I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
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....
Breakout from inverse head and shoulder and downward slopping line, and a retest is also complete. Initiate long positions when price sustains above 2225.
Chart pattern looks very good and it has a potential to hit 2380, 2495 levels, above it a very high chances that a big rounding base formation will happen and then first target will be 2879 and a new...
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
cmp 2612
trgt 5%- 10%
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
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
