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scorpiomanoj

PERSISTENT SYSTEMS - GOOD ONE TO GO LONG

Long
PERSISTENT SYSTEMS (NSE:PERSISTENT)  
scorpiomanoj  
NSE:PERSISTENT   PERSISTENT SYSTEMS
Trend Analysis Chart Patterns Technical Indicators bseindia nseindia NIFTY
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trendanalysis chartpattern indicator bseindia nseindia nifty
WEEKLY 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
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