Sunday, April 22, 2007

Zensar in breakout mode


Zensar Tech (BSE code: 504067) has broken out in weekly time frame. CMP is 266.85 and a close above 270 will take it to 300 and 324. After a sideways consolidation for 20 weeks the stock has closed strongly and the move upwards should be a good one. A close below 254 on daily basis will negate this move and should be used as a stop loss.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home