ZENSARTECH - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.3

Here’s a detailed technical analysis of Zensar Technologies Ltd (ZENSARTECH)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, trading well above both key moving averages and showing bullish momentum.

Price Action: At ₹850, ZENSARTECH is above the 50-DMA (₹807) and 200-DMA (₹778), confirming trend strength and continuation.

📈 Momentum Indicators

RSI (64.8): In bullish territory, approaching overbought levels. Indicates strong momentum but suggests caution for short-term entries.

MACD (7.59): Positive and rising, confirming bullish crossover and sustained upward momentum.

Volume: Current volume (17.2 lakh) is significantly higher than the 1-week average (6.5 lakh), showing strong participation and buying interest.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 807 Support

200-DMA 778 Strong Support

Current Price 850 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹860–₹870 could trigger a rally toward ₹900+.

🧭 Support & Resistance Zones

Immediate Support: ₹825–₹835

Major Support: ₹800–₹807 (50-DMA)

Immediate Resistance: ₹870–₹885

Major Resistance: ₹920–₹985 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹825–₹835 (on pullback with MACD support)

Exit Zone: ₹920–₹985 (resistance zone), ₹1,000+ if momentum sustains

🔍 Conclusion

ZENSARTECH is currently trending upward with strong RSI, MACD, and volume signals. Price action above key moving averages confirms bullish sentiment. A breakout above ₹870 with volume could signal further upside, while a pullback to ₹825–₹835 offers a favorable entry. The stock remains in a bullish trend with short-term momentum intact.

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