Market Neuron Logo
⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

ECLERX - Technical Analysis

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

Back to Technical List

📊 ECLERX Technical Analysis Summary

Technical Rating: 4.3

📉 Trend & Momentum Overview

Current Price: ₹3,722 (very close to 52-week high of ₹3,921)

Trend Status: Trending upward with strong bullish momentum

52W Performance: Up ~89% from low of ₹2,116

Volume: 87.6K (significantly below 1-week avg of 2.14L) → Momentum slowing slightly

📈 Key Technical Indicators

RSI (62.5): Bullish zone → strong momentum, not yet overbought

MACD (75.7): Strong positive crossover → confirms bullish trend

Bollinger Bands: Price likely near upper band → trend continuation with caution for volatility

Moving Averages

50 DMA: ₹3,460 → support

200 DMA: ₹3,121 → strong support

Price above both → bullish alignment

🔍 Chart Patterns & Support/Resistance

Recent Patterns: Higher highs and higher lows; breakout from ascending triangle

Support Zones

₹3,460 (50 DMA)

₹3,300–₹3,350 (trendline support)

₹3,121 (200 DMA)

Resistance Zones

₹3,800–₹3,921 (52W high zone)

₹4,000+ (psychological breakout level)

🚦 Short-Term Signals

Momentum: Strong; MACD and RSI support continuation

Entry Zone: ₹3,460–₹3,600 (on dips or breakout confirmation)

Exit Zone: ₹3,900–₹4,050 (initial resistance); ₹4,200+ for extended targets

Stop Loss: ₹3,300 (below trendline and 50 DMA)

🧭 Conclusion

ECLERX is in a strong bullish trend with favorable technical indicators. While volume has dipped, price action and momentum suggest potential for further upside. Traders may consider buy-on-dips or breakout setups above ₹3,921 with tight risk management.

Want me to overlay this with candlestick signals or compare it with other BPO/KPO peers?

Edit in a page

Back to Technical List