Typical Cup and handle shape formed after good consolidation stock ready to zoom on upside. good risk and reward ratio.
Typical saucer shape formed after good consolidation stock ready to zoom on upside. Keep SL of 789 which is lower fiboo level and for tgts follow upper fiboo level.
once close above the resistance level. Next target will be 1200 rs (50%) upside potential
It is been observed on the weekly chart that the price action breaking out from a downward trendline indicating bullish move ahead. It shall further resumes the trend and shall further move up to the previous resistance levels. This setup can also be called as positional trade setup where you hold trades for weeks and months. Target 1: 700 Target 2: 760 Stoploss: 590
Persistent system today hit 52week low and also it closes @important support level and looking good at this level. Fundamentally a very good company. one can start investing in persistent from here 25%-25%.......