ZensarTec Ready to Rally! Waiting for Targets to Fire!Technical Analysis:
ZensarTec on the 15-minute timeframe is poised for a long trade after a solid entry signal. The price is currently moving upward, following the support from the Risological Dotted Trendline, confirming the strength in momentum.
Key Levels:
Entry: 680.00
Stop Loss (SL): 658.20
Target 1 (TP1): 706.90 (Next target)
Target 2 (TP2): 750.50
Target 3 (TP3): 794.05
Target 4 (TP4): 821.00
Observations:
The price has recently shown signs of strength, bouncing off the Risological Dotted Trendline and gaining bullish momentum.
With volume support, the price is likely to hit the initial target of TP1 soon, potentially leading to a cascade of target completions.
ZensarTec is gearing up for an upward breakout as it tests its first target. Watch for TP1 to confirm and the possibility of higher targets being hit as bullish momentum builds. Stay tuned for a strong price movement ahead!
