Price action has retracted in weekly demand zone Daily And 4HR timeframe has given a break of structure 50 Ema is also providing confluence Not a financial advise.
The script has given a C&H Breakout and also completed the retracement. The script can be entered into once it gives the reversal and moves above its previous high.
Zensar Tech has been on an upswing. This short term Pullback is very good for its further journey. Trigger point for shorting ( Supply Zone) 1. 590.45 2. 596.55 Demand Zone/ Support (75 Min Chart) 514-521 Red Volume candles breaching 20 day MA looks like it will be bearish for the next few weeks before it resumes its upward journey. Enjoy and give a shout out...
The Zensertech stock chart shows a clear breakout of its all-time high level, which was made last year. Stock went up nearly 200% from January 2023 to December 2023.Also, in the long-term chart, it shows a cup and handle pattern breakout. So in the coming days, this stock will give decent returns.550–600 is the strong support zone for this stock.
FOR LEARNING PURPOSE ZENSAR TECH- I am going to buy this stock as this is looking great. Chart Structure is nice and its getting the support of the sector I am looking for minimum 35% from this with SL mentioned I am managing my risk with PS
The Stock has made a clear Cup and Handle Good Volume Break Consolidation completed Expect a upmove from base as much as cup depth
NSE:ZENSARTECH has given a clean breakout. The whole IT pack is moving and Zensar looks like one of the stronger companies out there. Buy with a stop loss at 560.
Stock is showing reversals after looking a bottom formation by braking recent swing highs and give a closed on above that swing high so we can say it is going for an uptrend resumption, rest I explained in video thanks and regards.
A leading digital solutions and tech service company. Has partnered with microsoft on Azure open AI experiments. Zensar Has given a breakout of an inverted head and shoulder on weekly timeframe, expecting move to 650/950.
Heads up, traders! Zensar Technologies just broke out of an inverted Head and Shoulders pattern on the weekly timeframe , accompanied by strong volume. This could signal significant momentum in the IT sector during the coming sessions. Keep Zensar on your radar for potential upside. Additional points: Volume has significantly increased, supporting the...
Bought zensartech first at previous pivot high and second entry was taken when all time high break
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...
~IT Index showing strength. ~Zensar Tech - BO shown on chart. ~Coup & Handle / H&S. ~Near Term Targets: 615/650/705. ~SL 567 ~RR 1:3/1:5. ~Long Term Targets: 750/950. ~SL 514 ~RR 1:3/1:5. #INDSTOCK - Study well before investing, no Buy/Sell Reco.
The stock has recently broken out from a cup and handle pattern, and this breakout was supported by good volumes. The cup and handle pattern is a bullish continuation pattern, and the breakout with strong volumes adds confirmation to the potential upward move.
Zensar Technologies Ltd Breakout Cup and Handle breakout Can give 15 - 20% RSI also bullish.
1. Set up: Rounding pattern set up 2. Breakout : Confirmed 3. RR: 1:7+ & 1:12+
What Does a Cup and Handle Pattern Tell You? American technician William J. O'Neil defined the cup and handle (C&H) pattern in his 1988 classic, How to Make Money in Stocks, adding technical requirements through a series of articles published in Investor’s Business Daily, which he founded in 1984. 1 William J. O'Neil. "How to Make Money in Stocks." McGraw-Hill...
olatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation. It has the following characteristics: The Stock must be in stage 2...