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PowerOfTA

Persistent Systems : Double Bottom on Weekly & Daily

Long
PERSISTENT SYSTEMS (NSE:PERSISTENT)  
PowerOfTA Updated   
NSE:PERSISTENT   PERSISTENT SYSTEMS
Chart Patterns Trend Analysis doublebottomreversal persistentsystems
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chartpattern trendanalysis doublebottomreversal persistentsystems
It has formed a text book double bottom pattern with good momentum and volumes. IT sector is looking bullish in coming months. However it will be weak below 3750. Disclaimer: Educational post and not a buy/sell recommendation. Please do your own studies.
Trade closed: target reached:
Persistent System target achieved 3900 to 4900
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