Buy : Allsec Technologies
Target : Rs 103 (Immediate Target)
Long Term Target : Rs 160
Reco Price : Rs 66
CMP : Rs 75.50
Allsec Technologies
Allsec Technologies Limited (NSE – ALLSEC), India, is a pure play, third-party BPO Company offering both voice and non-voice services on a blended delivery platform.
Starting out in 1998, Allsec has emerged as a global corporation, servicing veritable corporate majors across the world on a 24/7/365 basis. Balancing rapid growth with an expansion in service offering, Allsec is acknowledged for its expertise in BFSI, Tech Support, Quality Assurance and HR Processing domains.
Allsec recently acquires 100% equity of KBI, a BPO company based out of Manila, Philippines. KBI is involved in web-page development and related technical support. Allsec proposes to expand this 150 seats operation to 750 seats by Jan 08. The operations in Manila will cater to the needs of existing and proposed customers from the US, Australian and ASIAN markets.
Chart Analysis
As shown in the 3 month chart the stock has resistance at Rs 103. And also if you follow the blue band (Bollinger Bands) there is a break out above the bolling bands. So this stock has a strength to pull up to the next resistance level at Rs 103.
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3 Month Chart
6 Month Chart
Also good sign from RSI and MACD Indicators.And do Please see 6months charts for long term target which stood at Rs 160(approx)
Message Board
Hi Members,
Those who bought Allsec technologies at recommended price at currently at good profit.
And The technical pattern of these charts are showing more and more buying signals.
So I recommend you people to hold these stock for an immediate target of Rs103.
Please go through the Technical Analysis and Charts.
SIR, I WANT TO INVEST ON GOOD POTENTIAL STOCK. PLEASE ADVISE. I AM A SMALL INVESTOR. THANKS. HELAAN JOSEPHINE. helaan11j at gmail dot com