A "Continuation Wedge (Bullish)" chart pattern formed on Zen Technologies Ltd ( 
ZENTEC).
This bullish signal indicates that the stock price may rise from the close of 742.15 to the range of 842.00 - 920.00.
Supportive Points:
-After a temporary interruption, the prior uptrend is set to continue.
-Also there was a gap on 7th Aug 2023 which was filled on 26th October 2023.
-Pattern formation took roughly 71 days, so target will be sooner or later than 71 days.
-FII has Increased Qty - You can refer third party tool to verify the same.
Quarterly Results : M.Cap ₹ 6,237 Cr PE 71.0
Item YOY Sep 2023 Jun 2023 Sep 2022
Sales ⇡ 203% 64.0 132 21.1
EBIDT ⇡ 304% 21.8 66.2 5.39
Net profit⇡ 279% 17.3 47.1 4.58
EPS ⇡ 255% ₹ 2.06 ₹ 5.61 ₹ 0.58
PLEASE NOTE THAT:
ZENTEC). This bullish signal indicates that the stock price may rise from the close of 742.15 to the range of 842.00 - 920.00.
Supportive Points:
-After a temporary interruption, the prior uptrend is set to continue.
-Also there was a gap on 7th Aug 2023 which was filled on 26th October 2023.
-Pattern formation took roughly 71 days, so target will be sooner or later than 71 days.
-FII has Increased Qty - You can refer third party tool to verify the same.
Quarterly Results : M.Cap ₹ 6,237 Cr PE 71.0
Item YOY Sep 2023 Jun 2023 Sep 2022
Sales ⇡ 203% 64.0 132 21.1
EBIDT ⇡ 304% 21.8 66.2 5.39
Net profit⇡ 279% 17.3 47.1 4.58
EPS ⇡ 255% ₹ 2.06 ₹ 5.61 ₹ 0.58
PLEASE NOTE THAT:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade.
Заметка
Item YOY Dec 2023 Sep 2023 Dec 2022Sales ⇡ 198% 98.1 64.0 32.9
EBIDT ⇡ 429% 44.2 21.8 8.36
Net profit ⇡ 414% 31.7 17.3 7.58
EPS ⇡ 297% ₹ 3.77 ₹ 2.06 ₹ 0.95
Good quarterly results.
Сделка закрыта: достигнута тейк-профит цена
EDUCATIONAL TARGET CLOSED!
Hardeep S. Sethi
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Hardeep S. Sethi
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.