Zensar techZensarech Cmp 686 Bullish engulfing candle and retraded 50% of engulfing candle Taking support at 200 EMA Forming W pattern Longby saifpalla114
ZensarTec Ready to Rally! Waiting for Targets to Fire!Technical Analysis: ZensarTec on the 15-minute timeframe is poised for a long trade after a solid entry signal. The price is currently moving upward, following the support from the Risological Dotted Trendline, confirming the strength in momentum. Key Levels: Entry: 680.00 Stop Loss (SL): 658.20 Target 1 (TP1): 706.90 (Next target) Target 2 (TP2): 750.50 Target 3 (TP3): 794.05 Target 4 (TP4): 821.00 Observations: The price has recently shown signs of strength, bouncing off the Risological Dotted Trendline and gaining bullish momentum. With volume support, the price is likely to hit the initial target of TP1 soon, potentially leading to a cascade of target completions. ZensarTec is gearing up for an upward breakout as it tests its first target. Watch for TP1 to confirm and the possibility of higher targets being hit as bullish momentum builds. Stay tuned for a strong price movement ahead!Longby ProfitsNinja5
ZENSAR TECHNOLOGIES LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh3
ZENSARTECH long positionZENSARTECH inverse head & shoulder pattern formation and breakoutLongby MritunjayTomarUpdated 15
ZENSARTECH - Bullish Setup oNStock name - Zensar Technologie Limited. ✅#ZENSARTECH trading above Resistance of 800. ✅Next Resistance is at 1145. ✅Moved 35% in 32 weeks. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade. Longby tanwartarun504
ATH BO IN ZENSAR TECHNOLOGY, Favourable RR.Pick of the week: Breakout of ATH, confirmation on WTF. Volume support. Overall, the structure looks good. +IT sector is on rise. Favourable RR. Keep in your watchlist. No Recommendations please.Longby NIRVAANA_TRADERUpdated 3
ZensarTech Long TradeZensarTech Long Trade T1 following the last cup section.Longby blackewallUpdated 6
SWING IDEA - ZENSAR TECHNOLOGIESZensar Technologies , a global IT services provider specializing in digital transformation and technology solutions, is showing strong technical signals for a potential swing trade. Reasons are listed below : Head and Shoulder Pattern : This classic reversal pattern indicates a potential shift in trend direction. A completed pattern and subsequent breakout could signify a bullish move. Breakthrough of Resistance Zone : The 500-550 zone, a previously challenging resistance area, has been decisively broken, suggesting a sustained upward trajectory. Bullish Engulfing Candle on Weekly Timeframe : This formation, where a larger bullish candle completely envelops a smaller bearish one, indicates a strong shift toward upward momentum. Breaking a Long Consolidation Phase : Zensar Tech has broken out of a 2.5+ year consolidation, suggesting a new bullish phase and increased market confidence. Spike in Volumes : A significant increase in trading volume often confirms the strength of a breakout, indicating high investor interest and support. 0.618 Fibonacci Support : This Fibonacci retracement level acts as a strong support, reinforcing the potential for continued upward movement. Higher Highs Formation : This pattern suggests a consistent uptrend, with each high being higher than the previous one. Trading at All-Time High : Although this is generally bullish, it's essential to monitor for signs of overextension or potential pullbacks. Target - 725 // 850 Stoploss - weekly close below 535 Disclaimer : Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 20
ZENSAR-BUYZensar 2 trg 889 and 1012 was analyzed at 240 level. Keep trailling stops till trg.by tanrakesh478151
ZensarTech - LongZensarTECH Buy Above 595 For Target : 679-1015-1691 SL 198 Reason for Pick - Breakout Given, Traded in High Volume Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHIUpdated 15
ZENSAR broke the resistance and trading at ATH after long time.NSE:ZENTEC CMP : 700 ZENTEC broke the resistance of 650. Longby msnarke0
Zensar Technologies breakout1. Breakout of 2021 high. 2. Breakout of cup & handle pattern. Fib. targetsLongby JeeveshP7
Zensar TechConsolidating near neckline. Current monthly candle closing above the neckline may give sharp bullish momentum. Disclaimer : Intended for educational purpose only and it's not a buy or sell recommendation. Longby Finomir1
lapu star breakoutA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.by Mega_Star_Lapu3
zensor given break out (educational purpose only)zensor given break out (educational purpose only) target 605,630,640, 700 sl 3% trailing Longby Santosh_TambeUpdated 9
ZENSARTECHNOzensartech is currently forming a cup and handle pattern, which is a bullish continuation pattern indicating a potential upward trend. The pattern is characterized by a rounded bottom (the "cup") followed by a consolidation and a smaller retracement (the "handle") before a breakout. The presence of good volume activity further supports the bullish case, suggesting strong interest and potential buying pressure. Traders and investors may want to monitor Zensartech closely for a potential breakout and subsequent upward movement.by magajikondiroshan4
ZENSARTECH#ZENSARTECH ZENSARTECH Good for Holding around 6 TO 9 Months ..... Current Price at 621.50 ......... Keep SL at 594.35 .... (On Closing Basis ... Means ... Daily Candle closed Below 594.35 )….. After Close Crossing 644 …. Trail SL to 639 Targets are Shown on Chart in Greens . Key Partnerships Cloud Computing: The co has partnered with Microsoft Azure, Adobe, Amazon web services, Google cloud for CX, Software Engineering, Cloud & Data Relationships Enterprise application: The co has partnered with Oracle, SAP, Salesforce, and Guidewire for enterprise applications transformation. Business segments Digital and Application Services (~83% of total revenue in FY22): It includes Custom Applications Management Services that include Application Development, Maintenance, Support, Modernization and Testing Services across a wide technology spectrum and Industry verticals. Digital Foundation Services(~17% of total revenue in FY22) Infrastructure management services includes Hybrid IT, Digital workplace, Dynamic Security and Unified IT provided under managed service platform using automation, autonomics and machine learning. As of Q3FY23, Net cash of $179.4M As of Q3FY23, Total headcounts stood at 10,845 Longby iism-ExpertTrading2
Post breakout consolidation on ZensartechStock has recently made an all time high. currently in a post breakout consolidation and moving upwards. consistently outperforming CNX500. looks good for a target of 1000. Breakout volumes are good and current week also has a volume spurt. Also has a trendline confluence at 950-1000. Big buy with a stop loss of 500Longby chARTronicsIndia5
Cup and handle breakout ZENSARTECH in 1D timeframe. Made cup and handle pattern in daily timeframe and broke its neckline and retested it and made a bullish engulfing pattern at support. It's a really good sign to go long. It's only my view not a recommendation. Please do some of your own analysis before entering into any trade and calculate your Risk Reward Ratio. Longby mr-nm_01235
Best intraday setup in 15 minsBest for intraday. Broken daily timeframe trendline, retested and formed bullish engulfing pattern at support and again trendline is going in 15 mins. If that breaks and sustain, it will go up. It's good for swing and intraday. It's only my view not a recommendation.Longby mr-nm_01230
Zensar Technologies has given a breakout on weekly chartZensar Technologies has given a breakout of cup and handle pattern on weekly chart with huge volume buildup company has almost debt free debt to equity ratio - 0.07 Longby TITC6
ZENSARTECH: Brewing Success in a Cup and Handle FormationZENSARTECH (CMP: 617.35) presents a compelling opportunity with the formation of a classic cup and handle pattern. This bullish technical setup suggests a potential upward trend reversal, making it an exciting prospect for traders and investors. Key Points: Cup and Handle Formation: The stock has traced a cup-like pattern, indicating a period of consolidation and accumulation, followed by a smaller pullback forming the handle. This pattern often precedes a significant upward move. Current Market Price (CMP): The current market price at 617.35 positions us at the potential breakout point, providing an advantageous entry for those looking to ride the anticipated bullish momentum. Stop Loss at 455: To manage risk, a prudent stop-loss level has been set at 455. This level is strategically chosen to allow for a reasonable buffer while protecting against unexpected downturns. Target at 1365: The target of 1365 aligns with the projected upward move based on the cup and handle pattern. This ambitious but realistic target takes into account the depth of the cup and offers an attractive risk-reward ratio. Important Note: I am not a SEBI registered advisor. Trading involves risk, and it's crucial to stay updated on market conditions and adapt your strategy accordingly. This idea is based on technical analysis, and it's recommended to conduct thorough research and, if possible, consult with financial professionals before making any trading decisions.Longby haxorchandan110
zensartech for investmentzensar give a good return for long term zensar breakout indicate it will give a very good reurn for invetmetby Asokansm24