ZENSARTECH trade ideas
Zensar Tech ATH breakout1. ATH breakout
2. good volumes during breakout
3. Looks like H & S pattern
4. SL on closing basis
5. TGT based on range calculation and fib level
ZENSARTECH - Classic Cup and Handle BO PatternThis stock has formed the classic cup and handle pattern indicating a possibility of a breakout.
Either It can be bought at current levels for a near term target of 360 and 380 respectively, or you can wait for it to cross 350 (which will be a confirmation of much higher numbers considering that it will breach all time high).
Stop loss can be maintained at 325, which is the bottom of the handle.
Supporting Technicals:
RSI: 65.6 ( Bullish but not overbought)
ADX: 25 (suggesting strong trend)
MACD is above its center and signal Line, this is a bullish indicator.
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
Multi Year Breakout - Cup with Handle (Cheapest IT Stock)Positional & Investment Pick !!
Cheapest IT Stock. Can be the next Infosys. Management is very positive for next 2-3 Years.
Keep Accumulating.
SWING TRADE IN ZENSAR TECHREFER TO CHART STOCK MAKING CUP AND HANDLE PATTERN,
ENTRY AS PER CHART GO LONG IF IT CROSS 289.
SL AND TARGET AS PER CHART.
ZensarTech Cup&Handle Breakout - Positional ViewZensarTech Cup&Handle Breakout Positional View. The C&H Breakout has lead to its All Time High. Looking attractive.
Zensar Tech: Multiyear BOZENSAR TECH CAN BE A LONG CANDIDATE ON VERGE OF MULTIYEAR BO FORMING C&H PATTERN
Breakout in Zensar Technologies...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bullish On ZensarTechZensar Tech is in uptrend and is continuing the trend after making a new Low. Can reach its ATH if continues the momentum.
ZENSARTECH Inverted H&S Breakout and Retest Complete1. Made an All Time High in 2018, stock fell from there
2. Formed an Inverted Head and Shoulder (IHNS) pattern over a period of 2 years on a Weekly chart
3. Breakout from pattern with high volumes
4. Pattern's Neckline at 257 has been retested over a couple of weeks with decreased volumes
5. Stock rising again after restesting breakout level
6. Huge delivery of stocks with respect to traded quantity - 77% according to NSE website meaning long term prospects by institutions
Buy : 300 - 310
Strict SL : 275
Wide SL : 255 (Below IHNS Neckline)
Immediate Target: 350 (All Time High)
Final Target: 440 (Equal to the depth of INHS Pattern)
Time Period: Mid Term to Long Term
Zensar Tech , CUP and handle formation on Weekly chart ,looking kindly check chart,one can add above 335 for mid/long term view
ZENSAR TECHNOLOGIE WEEKLY CHARTNSE:ZENSARTECH
Keep eye on this stock
Testing its Resistance once again on Weekly Chart
Breakout will boost good momentum
failure may bring back to 290-300 level
**Educational Purpose
Zensar Technologies Limited WITH CUP & HANDLE PATTERN FOR SWINGNSE:ZENSARTECH
1 DAY TIME FRAME
SWING TRADING
CUP & HANDLE FORMATION
GO TO LONG THEN RETEST RESISTANCE LEVEL
FOR EDUCATIONAL PURPOSE
