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 is on my radar from last 2 months and now its time to accumulate some shares , institutional traders have already entered on this and its time for us to make profit on this .
As we can see a symmentrical triangle is forming on a daily chart and the us markets are negative too buy zensar at 260-270-280 would be a perfect opportuninty to grab some profits
Zensar Technologies Ltd. engages in the provision software development and allied services. It operates through the following segments: Digital and Application Services and Digital Foundation Services. The Digital and Application Services segment includes Application Development, Maintenance, Support, Modernization and Testing Services across a wide technology...
ZENSARTECH
Red is 20EMA
Market Broke above Swing High
Entry - 395
SL- 360
TGT-1-520
TGT-2-580
R:R-1:35
*EXIT METHOD*
1ST TGT With SL (50%)
(50%) Wait for 2ND TGT With SL Cost to Cost or Trail
*Entry Tips*
*Aggressive traders can consider buying above the high of the breakout candle.
*Safe traders wait for a retest of the breakout level and then enter a...
NSE:ZENSARTECH had made Cup and Handle and is near its breakout. Long trade can only be taken after closing of candle above the neckline. The Target and the stoploss for the same are given.
