Zensar Technology : Bottom formation

Following points shows bottom formation of Zensar :
1. Monthly RSI support of 60.
2. Monthly fib. support of 61.8%.
3. Daily RSI bullish divergence.
4. Increase in Volume.
5. Spinning top candle on 1st Aug with high volume.
6. W pattern.
7. Volatility divergence.


Buy at ₹255
SL at ₹ 245
R:R = 1:3

This is for educational purpose only.
Perform your own analysis before any trade.