ZENSAR TECHNOLOGIES is Making H&S pattern at Weekly chart. Retest is done. A strong Green candle on 18mar crossed 560, now need another green candle completely closing above 560.
For my learning and digital records purpose only!
Comment
⋅
Zensar Technologies touched 610 today, 1april, hope to see more.
For my learning and digital records purpose only!
Trade active
⋅
Today Zensar Technologies touched its 1st target 638.
superb what's your target now that it's touched 643?
SatpalS
⋅
@oyeajay, Thank you! Stock is moving in a Range 520-640 and 560-640 since dec2023, now we need a strong green candle closing above 640. It has made a Head & Shoulder Pattern at Weekly chart, as per the depth/shape, there is probability of it going up towards 900, you may see in the chart. Analysis are based on Weekly Chart so it will take some time. 560-640 is also a good range to trade within, if it comes down to 560, one can look for 640, always use SL, risk management is important since I am not a financial advisor, just a learner!