#ZENSARTECH #Zensar Is looking very good on the weekly chart. As explained on the chart there are so many good factors that can take the stock to move north. One should maintain the SL below swing of Daily or weekly TF.
#HDFCLIFE - 1 more stock to your watch list. It has retracted to 0.618 Fibonacci level and nicely bounced back. It is still in range on weekly but look at the size of the white and black candles. White candles are wide and closing at the top end where as black candles are narrow. Volume is also good on bullish candles.
Stock is forming HH and HL. Last 2 candles have long tails and now stock gave a BO on hourly chart. Maintain SL below the swing low.