ZENSARTECH (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...
IT stock with sound fundamentals available at fair valuation with multibagger potential in long term.
Downside continuation exists as price is moving inside a falling wedge pattern as ending diagonal with declining volume.
IT index is about to fall further which will also drag it's price lower.
Expecting the price to find strong support around 220 level as it...
Zensar is the only (Among good AI stocks) affordable Artificial Intelligence stock available for beginners. It has huge potentials to grow like Tata elxsi and persistent. Currently, it has taken clean support. Good to enter now 477-479.
