Bullish pattern is been setup. Recent high will be tested.
All the EMA are aligned which is sign of bullish.
You can hold until the 200 ema is touched.
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions
Only take position on above 1:5 RR ratio
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Current Price : 21
Take position at : breakout the triangle setup
Max Target 100% ROI
Stop loss according your Psychology
RRR 1:6
Time period : 1 year
According to chart anylasis its trade in flag channel and as of now respect support of 382 so keep in radar buy this stock if and only if above @400 close.
Advance Entry:
Buy @390 or 400.
Target : 420-440++
SL: 350
In 1 hr time frame its been folllowing a specific path and now the stock is at its support level (496.20).
Technical indicators (RSI & STOCHASTICS) also confirms an upward movement
Target -536
BUY @ 500
SL @ 488
Risk to reward ratio - 3:1
Not a financial advise. Use your own analysis to confirm your entry.
Weekly and daily candle shows good volume. 509 is the resistance to look out and if it breaks we can expect 10%-20% based on current trend line.
incase of resistance reversal 464 as immediate support. use last day candle as stop loos if necessary.
Zensar tech brought few days before after immidiate bouce. As earlier marked levels.
I am very bullish in this holding for next 3 months from now. Earning gonna release 26 oct 2021. Petience is the key.
Comment your views on zensar tech
