Following points shows bottom formation of Zensar : 1. Monthly RSI support of 60. 2. Monthly fib. support of 61.8%. 3. Daily RSI bullish divergence. 4. Increase in Volume. 5. Spinning top candle on 1st Aug with high volume. 6. W pattern. 7. Volatility divergence.
Buy at ₹255 SL at ₹ 245 R:R = 1:3
This is for educational purpose only. Perform your own analysis before any trade.