Zensar Technologies: Trading Scenario

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Zensar Technologies is currently trading close to its peak levels of 2021. However, the stock is facing a significant hurdle at 520 points, which is acting as a strong resistance. If the stock fails to surpass this level and ends up closing below it, there's a possibility that the stock might retreat towards its previous low, using the 2021 high as a point to limit potential losses (stop loss).