Nucleus Software Exports Technical Analysis outlook and Trading Strategy for Trader

NUCLEUS – Nucleus Software Exports Ltd., incorporated in the year 1989, is a Small Cap company (having a market cap of Rs 832.59 Cr.) operating in Information Technology sector.

Nucleus Software Exports Ltd. key Products/Revenue Segments include Software Development (Overseas) which contributed Rs 206.45 Cr to Sales Value (74.21% of Total Sales), Software Development (Domestic) which contributed Rs 71.72 Cr to Sales Value (25.78% of Total Sales), for the year ending 31-Mar-2016.

Technical outlook on NUCLEUS – The stock is creating good buying from the level of 295 on the daily as well as weekly chart.

Strategy for Traders – You may take a position in NUCLEUS on the level of 295, if you are having short term view you may buy NUCLEUS, so you can see the level of 304 with Stop-loss of 288 within a week or 10 days.

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