Long trade on eClerx

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A bullish setup is evident on eClerx Services Limited where the stock has been making higher highs - higher lows since August 2023.
With price at near 0.786 fibonacci retracement levels, one can enter in a long trade at 1450 - 1500 levels. Currently ADX is at 26 which highlights there is momentum in the recent price action.

Personally I would keep an SL at current low of 1375 for targets above the current high of 2500 round about. This is a good Risk:Reward Setup.

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