ZENSARTECH inverse head & shoulder pattern formation and breakout
Zensar technologies limited chart in D time frame. It is trading in between pattern DOUBLE TOP. This is only for study purpose. DONT take as a suggestion DONT trade based on others idea. Just take a hint.
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.