tradewithamey_

You would not want to miss this pattern in Persistent!

Long
tradewithamey_ Updated   
NSE:PERSISTENT   PERSISTENT SYSTEMS
Persistent systems has been in strong bull run from 2020 to end of 2021.
Since 2021, the stock is consolidating and has formed a beautiful inverted head and shoulder consolidation as a flag of flag pole pattern
The stock might start a new uptrend above 5000. However, buying at top in such volatile market is risky.

Kindly trade as per your own analysis.
Comment:
4800 can be a good SL on DCB for this stock now
Trade closed: stop reached:
As said, buying at top is risky.

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