Positional or Longterm Opportunity in EclerxeClerx Services LimitedNSE:ECLERXNimish_GhagareGo Long @ 1472.1 for Targets of 1770, 1909 and 2048 with SL 1341.1 Reasons to go Long : 1. On Weekly timeframe If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.618 Fibonacci level. 2. On Weekly timeframe there is a strong demand zone (marked with a purple color) from which the stock is taking support. 3. The stock formed a Bullish Double Bottom (W) Pattern. 4. Also there is a strong Trendline (marked with green color) which supports the stock.