Get started
padiyara

Persistent 612 in a descending triangle,expect 386 points move

Short
PERSISTENT SYSTEMS (NSE:PERSISTENT)  
padiyara Updated   
NSE:PERSISTENT   PERSISTENT SYSTEMS
4
2
Persistent 612 is currently trading in a descending triangle, actually it is a continuation pattern, but bearish where ever it forms. The base Hight is approx. : 386. Hence on down side as per the pattern, a target expected is 226. Whereas an upside break out will take the stock to new high.
Comment:
coming down as said in advance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.