Persistent System downside target 4700 to 4600

The stock is trading at its highest level in Persistent System. The stock has touched this level four times in the last one month but has failed to break it, if the stock breaks this level at the top then a big rally can be seen, but there is a greater possibility that the stock will once again fall below 4710. The level may be touched again and after which a new higher level may be seen.