ECLERX SERIVCES 1HT TF Elliot Wave Analysis
ECLERX is an Indian IT consulting and outsourcing multinational company based in Mumbai and Pune
Two way Scenarios:
1) INTRADAY TRADE
2) POSITIONAL TARDE
INTRADAY TRADE:
Buy around 395 to 400 odd levels,
Invalidation level @ 384.10
Expected Target around 407, 421 odd levels
POSITIONAL TRADE: (Holding Period 1 to 40 Days)
Buy around 395 to 400 odd levels
Expected Target around 627 level
Reason for this Trade:
We have completed 2nd corrective wave, overall we are in the Impulse wave with a huge potential target of 627 level
ECLERX is an Indian IT consulting and outsourcing multinational company based in Mumbai and Pune
Two way Scenarios:
1) INTRADAY TRADE
2) POSITIONAL TARDE
INTRADAY TRADE:
Buy around 395 to 400 odd levels,
Invalidation level @ 384.10
Expected Target around 407, 421 odd levels
POSITIONAL TRADE: (Holding Period 1 to 40 Days)
Buy around 395 to 400 odd levels
Expected Target around 627 level
Reason for this Trade:
We have completed 2nd corrective wave, overall we are in the Impulse wave with a huge potential target of 627 level
Elliott wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.