Stop loss: Rs 4104
Target: Rs 4490
ECLERX has staged a breakout from a consolidation zone on the daily timeframe, closing the session with a bullish candlestick backed by volumes above the 20-day average, pointing to strong buying interest. The stock continues to trade decisively above its 20, 50, 100, and 200-day EMAs, underscoring the resilience of the ongoing uptrend.
Kunal Kamble, Sr Technical Research Analyst at Bonanza