ZENSARTECH - BUY
This stock has following attributes
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Dailiy vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
Fibonacci retracement target # 1 - 873 onwards to 1009 where the stock can consolidated since weekly price action offer higher resistance then daily. Has a potential to break out the weekly price action and move northwards as per the daily price action
Analysis for purely academic purpose and doesn't recommend investment
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Dailiy vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
Fibonacci retracement target # 1 - 873 onwards to 1009 where the stock can consolidated since weekly price action offer higher resistance then daily. Has a potential to break out the weekly price action and move northwards as per the daily price action
Analysis for purely academic purpose and doesn't recommend investment
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