#PERSISTENT #PERSISTENT
CMP 3253.5
BREAK OUT LEVEL 3300
VIEW BULLISH
STOCK sustained above previous BO level;
Expecting fresh BO above 3300 soon
PERSISTENT trade ideas
Persistent Potential BREAKOUT Break above ascending triangle will trigger the entry.
Ideal 10% SL zone below the entry candle’s low will work fine.
RSI Divergence- sellrsi is going down while price is going up.
a fall can be expected from current level.
PERSISTENT going on with Bearish Momentum on Hourly Persistent systems are on a downward channel on the hourly, can fall to 1850 levels before bouncing back up. Long term it's a long play however it seems like small correction is due.
Price is below kumo clouds which indicates bearish trend, moreover price action is not making higher highs and with ADX and MACD suggesting downward direction, the stock seems like it will fall to 1800-1850 levels
Would personally load up more at 1800 levels.
Persistent Systems - Another ATH ComingPersistent Systems - Looking to break again ATH. Looking for around 2400+. SL 1785.
DISC: Not a SEBI Registered. I post charts for my own study.
persistent breakoutAs we have seen there is weekly breakout in persistent at 1850, and its closing on date 19 mar 2021 at 1942.20, so it can be hold till 2000 target with sl of rs 1900 for buying point 1920.
Persistant LongBreaks out from downtrend
In support zone currently
Offers good risk reward ratio
Target 1128 , SL 944
NSE:PERSISTENT
Persistent shows Persistent levelIt strong break consolidation phase if trade above 875+ then soon touch 920 level and down 850 then again touch 775 level but momentum is solid and strong 900 is on cards
Long Persistent System Stock at long term support zone + RSI and Stochastic divergence hinting for momentum sift and possible trend reversal. Hopping to archive target in 1 to 2 week once it breaks the friday high.
Classic VCP4T + Good results
Buy above 875 with above average volume with stop of 800-810
target open, trail stoploss
PERSISTENT A LONG TERM GOOD BETNSE:PERSISTENT
The chart is forming a bullish curve pattern. If it breaks the resistance level of 954-960 then it can go up till 1000-1100.
Keep the stop loss at 658.
LONG TERM IDEA.
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PERSISTENT SYSTEMS - GOOD ONE TO GO LONGWEEKLY CHART
1) Stock has broken out of the consolidation zone with good volumes.
2) Relative strength has gone past previos highs; reflects strength in the stock.
3) MACD histogram increasing; reflects positive consensus on the stock by way of short / long ema crossover.
4) ADX above 20; reflects trend intact.
5) cmp 822. Target 944; stop 750
