*Persistent Systems Ltd.* P&F; on Yearly Basis. Strong Price pushback towards upside. Need to be Watched. Strong Vol Consolidation. Continued Traction to be watched RSI: 1HW<M. EMAs: Widening Gaps amongst 20/ 50/ 100/ 200. *Trail SL with Upside* *Book Profit as per Risk Appetite* *Do your own research as well. This is an Opinion.* *_Happy Investing_*🤓
Persistent system. Abiding by the rules of Elliott wave. Now it interesting to see how much fuel it has for further moves. no recommendation pls.
The stock has made a rounding bottom for a while, it has given a breakout from the neckline now positioning itself ready for a good upside with a favorable risk-to-reward ratio. Entry - Between 5370-5375 Stop Loss - Below 5145 Target - 5900
#PERSISTENT.. ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
What a move in Persistent Suggested at 3830 close to 20% returns.
Nifty small cap 100 index breaking out - Persistent can well perform from the index Persistent looks good for 4100/4500/4800+
This stock is trading at its resistance zone 3920 if it cross and hold above this level then we can expect a good move in upper side Bullish above 3920 bearish below 3610
Persistent Systems is a good long term story available at what some consider expensive valuation of 41.6 PE at CMP 3757.65. It is a company with Zero promoter pledge and low debt where Mutual funds and FII/FPIs are increasing their stake. Take X/2 entry in the company at 3852. Second SIP of X/2 entry can be taken at closing above 4008. The targets will be 4247 and...