Buy & accumulate E-Clerx

• Stock has made 52 week high of 1247.70 (11^th Nov 2013) & 52 week low of 599 (25^th March 2013)
• There is a triangle breakout as shown by above daily chart.
• Momentum oscillators like RSI, stochastic and ADX suggest buy signal.
• Also the stock took support at 61.8% fib of A to B up swing and resuming its upward momentum suggests bullish strength.   

 Strategy: - Buy & accumulate E-Clerx range 1065-1105 possible Target- 1250 – 1300 with stop below 1050 on closing basis.