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VijayBabuA

ZENTECH Symmetrical Triangle Breakout

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ZEN TECHNOLOGIES (NSE:ZENTEC)  
VijayBabuA  
NSE:ZENTEC   ZEN TECHNOLOGIES
Trend Analysis Chart Patterns Symmetrical Triangle
5
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trendanalysis chartpattern symmetricaltriangle
ZENTECH has given breakout at 85 level with high volume, looks like it is going towards 110 level. before that it can swiftly reach 100 level. Central Pivot Range narrowed out of last 3 months. Contraction in CPR indicate a trend ahead
last 3 months it consolidated between 70-85 levels.
RSI closed above 60, i.e 67 on daily scale, indicating strong bulishness.
MACD has buy signal.
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