ECLERX Closes at `606.55 with a Gain of +4.30% on 29 June 2012 with formation of a White Candle & Falling Edge Pattern on Daily Price Chart with Huge Delivery. Technically, ECLERXis Looking Bullish On Charts.Major Momentum Indicators like Heikin Ashi Indicator ,MACD & 12 Day Trend Plot has Given BUY Signal on Daily Price Chart.
We Recommend to BUY / SELL / ACCUMULATE: ECLERX at CMP
Target : `657.15/734.90
Stop: Loss :`592.95/579.35
TimeFrame:5-20TradingDays
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836
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