Yearly breakout in ZensarTech
Zensar tech is forming inverted Head&Shoulders pattern at all time high. All time high touched on Sep2021.
Probability of inverted Head&Shoulders breakout is high when it is forming at Resistance level.
ZENSARTECH trade ideas
Parallel channel breakoutGood volume buildup in daily and weekly time frame.
Parallel channel breakout with good volume.
Fundamental's are good, net profit and sales increased QOQ.
DII stake increased from 17.53% to 19.04%.
ZENSARTECH BREAKOUT 🚀🚀 (Inverted Head & Shoulder) Zensar Technologies Ltd has hit it's all time high with a very strong bullish pattern which is called as the inverted Head & Shoulder or (tripple bottom by a few ).
Zensar Technologies Ltd has been performing pretty good from a few quarters . The net profit of the company is increasing along with its sales , also the Earning of the company is increasing with good momentum as well . This is now visible on the charts.
TECHNOFUNDA STOCK: ZENSARZENSAR making higher highs where NIFTY IT index is struggling. Good ROE/ROI with PE ratio comfortable at 22, one of lowest in industry. Net profit doubled from last year.
Technichal rebound from 200EMA and gradually trading at all time highs.
Buy for target of 810 to 1020 in medium to long term. Technical stop around 555 on weekly closing basis
ZENSAR TECH LOOKS GOOD FOR A SWIIIIIIINGGGGGGGThe stock gave a curcial breakout recently from the 576 levels and retested it making a tiresome consolidation however the donwtrend about to diminish
The stock has been forming a cup and handle pattern post breakout which is a good sign
Target - 773 short term
934 long term
Momentum Swing idea|Zensar Technologies LtdZensar Technologies Ltd
Zensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India.
Fundamental : Strong
Market Cap ₹ 12,767 Cr. Current Price ₹ 564 Stock P/E 20.9
ROCE 14.5 % ROE 11.2 %
Debt to equity 0.07 Promoter holding 49.2 %
Quick ratio 2.95 Current ratio 2.95 Piotroski score 5.00
Profit Var 3Yrs 7.69 % Sales growth 3Years 5.05 %
Return on assets 7.95 %
this stock is available at 20 p/e as well as now in momentum with rsi above 55.
keep in radar.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Ascending triangle break outIt has break ascending triangle break out and also it has break out previous high and bullish volitality is high
Zensar Tech - Breakout AlertA stock that's consolidated nicely and among the only IT compnies making a new high.
The stock broke out of this consolidation range today.
Long above current price with stoploss below 630. The stock could give a good 10-15% move over the next few days if the market sustains.
ZENSARTECH ASCENDING TRIANGLE BREAKOUTZensartech breaking ascending triangle
#weekly basis with good volume
macd crossover done
trading at ATH
#target 800+
EDUCATIONAL IDEA
ZENSARTECH bullish; above 644 ? - Tuesday 28-May.The above information does not constitute investment/trading recommendation and it is purely for educational purpose....
INTRADAY Trading Strategy in 3 stages of breakouts:
1) Impulse upmove stage: The strong upmove (nearly upto 1% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
The above information do not constitute, financial, investment, trading, or other types of advice or recommendation.It is purely for educational purpose....
ZensarTech - waiting for IT pushZensarTech
- Beautifully set horizontal line
- Strong Breakout last month after earnings
- Trading inside earnings candle
- Pocket pivot volume candle on weekly
ZENSAR TECHNOLOGIES - HEADED DOWN I analyzed ZENSAR TECHNOLOGIES. The stock is bearish and is in Zigzag correcive Wave.
It is headed down to channel bottom and can also test 200 EMA in that region. Possible targets 543 and 529.
I will buy once it reaches these levels as bullish cypher or bullish shark pattern will form.
Long Zensar TechHigher highs and higher lows
good base formation breakout
sl 560
target 900
cmp 643.9
ZENSAR TECHNOLOGIESZENSAR 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!
Zensar Technology ltd analyasis on 17 Mar 24Zensar Technology ltd analyasis on 17 Mar 24
Rounding bottom formation
Breakout and retest after dec 2021
retest near 520 - 530
stoploss 480
target 550 - 600 -650 - 700 -800
rounding bottom target 830
(now a days market is in correction mode so invest as per your risk appetite)
a long after longa good rr setup is visible and can give good return so lets ride and enjoy the trebd
ZESARTECH READY FOR BREAKOUTstock looking good above 600 level facing tuff resistance on 600 level got 2/3 time rejection if break 600 with strong candle it will good for swing
simple price action no indicator if you need to view on any stock comment stock name and buying price holding period
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
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ZENSAR- Monthly Inside VeritasZENSAR- Monthly Inside Veritas
Monthly Inside Veritas
monthly-inside-veritas
#Zensartech about to fly 🚀🔥#Zensartech about to fly 🚀🔥
-CMP 691
-Symmetrical triangle breakout
-volume rising
Cup & Handle formation in ZENSARTECHCup & Handle pattern formation completed in ZENSARTECH. The neckline has also been broken. Very High chance to continue upward trajectory.
Zensar Do watch this stock and keep it on your radar.
Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 29.6%
