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ZENSARTECH - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

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📊 ZENSARTECH Technical Analysis Summary

Technical Rating: 3.4

📉 Trend & Momentum Overview

Current Price: ₹808 (slightly below 50 DMA ₹819, above 200 DMA ₹769)

Trend Status: Consolidating with mild bearish undertone

52W Performance: Up ~60.7% from low of ₹536, but ~18% off high of ₹985

Volume: 3.38L (below 1-week avg of 8.82L) → Weak momentum

📈 Key Technical Indicators

RSI (43.9): Neutral to slightly bearish → no strong momentum

MACD (-7.69): Negative → bearish crossover confirmed

Bollinger Bands: Price near lower band → mild oversold signal

Moving Averages

50 DMA: ₹819 → immediate resistance

200 DMA: ₹769 → strong support

Price between both → sideways consolidation

🔍 Chart Patterns & Support/Resistance

Recent Patterns: Sideways channel with lower highs; mild descending triangle

Support Zones

₹790–₹800 (near-term)

₹769 (200 DMA, strong support)

₹750 (psychological level)

Resistance Zones

₹819 (50 DMA)

₹850–₹870 (supply zone)

₹900+ (breakout level)

🚦 Short-Term Signals

Momentum: Weak; MACD and volume suggest caution

Entry Zone: ₹790–₹800 (if support holds and volume improves)

Exit Zone: ₹819–₹850 (initial resistance); ₹870 for extended targets

Stop Loss: ₹769 (below 200 DMA)

🧭 Conclusion

ZENSARTECH is in a consolidation phase with mixed signals. RSI and MACD suggest limited upside unless volume picks up. Traders may consider range-bound strategies or wait for a breakout above ₹850 with confirmation.

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