PERSISTENT short side trade

Apr 7, 2022

PERSISTENT SYSTEMS has reached the supply zone with no major retracement move and formed an inside candle with the low of the candle being broken today. A strong bearish candle in the making which is indicating confirmation to go short side trade. Short side trade via put option or short future with buying call as hedge makes sense. SL 4964 tgt 4560, 4460

Apr 11, 2022

Note

First target of 4560 done.

Apr 12, 2022

Trade closed: target reached

Second target of 4460 also done.