ECLERX - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 4.5

🔍 Intraday Trade Analysis for ECLERX

eClerx Services Ltd shows a strong bullish setup for intraday trading today, supported by momentum indicators, price action, and volume surge.

✅ Strengths

MACD at 75.7: Strong bullish momentum.

RSI at 62.5: In bullish territory, with room to rise before overbought.

Price Above DMA 50 & 200: Confirms short- and medium-term uptrend.

Volume Surge: Current volume (2.45 lakh) is well above average (1.51 lakh)

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.

Quarterly PAT Growth: ₹142 Cr vs ₹152 Cr — stable earnings.

ROCE (29.1%) & ROE (23.8%): Excellent capital efficiency.

Price Action: Trading near 52-week high of ₹3,943

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, indicating strength.

❌ Weaknesses

High PEG Ratio (3.41): Suggests premium valuation.

Dividend Yield (0.03%): Minimal income for holders.

Minor PAT Decline: Slight dip from previous quarter.

📈 Optimal Intraday Strategy

🔹 If Entering Fresh Today

Buy Price: ₹3,750–₹3,765 (near intraday support zone)

Target Exit (Profit): ₹3,840–₹3,880 (based on resistance and momentum forecast

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)

Stop Loss: ₹3,725 (below support and pivot zone)

🔹 If Already Holding Today

Exit Signal: If price fails to break ₹3,840 with rising volume, consider booking profits.

Momentum Exit: If RSI crosses 65 and MACD continues rising, hold till ₹3,880. If RSI drops below 60 or MACD flattens, exit near ₹3,840.

🧭 Final Verdict

ECLERX is a high-potential candidate for intraday trading today. Strong technical indicators and volume suggest a bullish continuation. Traders should watch for resistance near ₹3,880 and protect gains with a tight stop-loss.

Would you like a weekly forecast or Fibonacci retracement levels for ECLERX next?

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