padiyara

Persistent 612 in a descending triangle,expect 386 points move

Short
NSE:PERSISTENT   PERSISTENT SYSTEMS
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4
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.