ZENSARTECH trade ideas
Zensar Technology : Bottom formationFollowing 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.
ZENSAR TECH - DOUBLE BOTTOM PATTERNThere is a double bottom pattern came in chart of Zensar Technologies. Expecting a bullish move. SL below the pattern. fundamentals also supportive. Take entry only after verifying from your side. Posting this chart for educational purpose only. There is a double bottom pattern came in chart of Zensar Technologies. Expecting a bullish move. SL below the pattern. fundamentals also supportive. Take entry only after verifying from your side. Posting this chart for educational purpose only.There is a double bottom pattern came in chart of Zensar Technologies. Expecting a bullish move. SL below the pattern. fundamentals also supportive. Take entry only after verifying from your side. Posting this chart for educational purpose only.
ZENSAR TECH ( 1HR TIME FRAME )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.