navingoyal2003

Educational Price Action Analysis

Long
NSE:PERSISTENT   PERSISTENT SYSTEMS
Education purpose - Price action analysis

PS is approaching an important resistance zone of 4700,
if it crosses the same on a weekly or monthly basis then the next target is 5000.
SL 4330
It is the strongest stock in IT Pack.
Comment:
Tomorrow monthly close is coming hence one should analyse the same.
Comment:
The monthly close is happening very close to 4700 ... let us see our hypothesis will work or not..
Comment:
C&H is going to be completed at 5K... let's see how the theory pans out....
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