ZENSARTECH - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.8

📈 ZENSARTECH is currently in a consolidating phase with mild bullish momentum and strong long-term structure. Entry zone: ₹780–₹795; exit zone: ₹840–₹880. A breakout above ₹800 with volume confirmation could trigger a short-term rally.

📊 Technical Overview

• Price Action: Trading at ₹795, slightly above both 50-DMA (₹793) and 200-DMA (₹780), indicating a neutral-to-bullish bias.
• RSI (52.9): Neutral zone, suggesting balanced momentum with potential for upward breakout.
• MACD (3.41): Bullish crossover, indicating early signs of upward momentum.
• Bollinger Bands: Price near mid-band, confirming consolidation with breakout potential.
• Volume: Above 1-week average, showing increased interest and participation.
• Support Zones: ₹780 (S1), ₹750 (S2)
• Resistance Zones: ₹840 (R1), ₹880 (R2)

✅ Positive

• Strong ROCE (24.6%) and ROE (20.2%) reflect excellent capital efficiency.
• EPS of ₹25.9 and PEG ratio of 1.35 indicate healthy earnings growth at fair valuation.
• Price trading above key moving averages supports bullish sentiment.
• DII holdings increased (+1.72%), showing growing domestic institutional confidence.

⚠️ Limitation

• Stock P/E (30.8) is slightly above industry average (29.4), suggesting modest overvaluation.
• FII holdings declined (-1.26%), indicating cautious foreign sentiment.
• Quarterly profit variation of -3.86% reflects short-term earnings pressure.

📉 Company Negative News

• Minor decline in FII holdings and quarterly PAT may signal short-term caution.

📈 Company Positive News

• Quarterly PAT improved from ₹147 Cr. to ₹172 Cr., showing operational strength.
• MACD crossover and volume uptick suggest early accumulation phase.

🏢 Industry

• IT services sector benefits from digital transformation, cloud adoption, and global outsourcing trends.
• Industry P/E of 29.4 reflects moderate valuation across peers.

🧭 Conclusion

• ZENSARTECH is consolidating with bullish undertones and strong fundamentals.
• Entry zone: ₹780–₹795; exit zone: ₹840–₹880 for short-term swing trades.
• Long-term investors may accumulate on dips, supported by strong financials and sector momentum.