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Genpact Ltd Set to Possibly Pullback After Yesterday's Rally of 5.98%

By David Diaz

Genpact Ltd (NYSE:G) traded in a range yesterday that spanned from a low of $39.08 to a high of $40.81. Yesterday, the shares gained 6.0%, which took the trading range above the 3-day high of $40.74 on volume of 197,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Genpact Ltd and will alert subscribers who have G in their portfolio or watchlist when shares have changed trend direction.

Genpact Ltd share prices have moved between a 52-week high of $42.33 and a 52-week low of $25.48 and are now trading 59% above that low price at $40.43 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.6%.

Keywords: rebounders genpact ltd

Ticker(s): G