PERSISTENT SYSTEMS NSE:​PERSISTENT

gap down and a big sell today..breaks weekly monthly trendline..expecting 450 at some point.. Note: Analysis is strictly for EDUCATIONAL PURPOSE only.. Feedbacks Welcome :)

persistent not able to cross previous high and reverses from top an now in negative trend

disclaimer.. not an investing/trading recommendation

Daily chart follow up, SL - 810

Looking good above 900.

next price target is 1200 inr.

the more the zone is tested ;the more the probability of the breakout. will it?

on the verge of Breakout?

price volume chart... http://forum.valuepickr.com/uploads/default/original/3X/7/5/7554be05bec16069a982e2836d968a53c05b2a4c.png DISCLAIMER... ONT AN INVESTING/TRADING RECOMMENDATION

Ascending traingle - BO

5 Month Ascending Triangle Breakout. look for the bullish candle ;Target 920-930. (probably RSI TOP)

Explained on chart..

essentially this is an anatomy of a consolidation... notable is the movement of price action above the resistance after the vertical line demacation and high volume swing retest and then further narrowing of downswing range on good volume breakout of 868 and close will be the key for beginning of the markup more ...

In Phase D after a long accumulation. CMP is 820 (23rd May 2018). Target as per PnF chart is 1360

MA ribbon expanding as the prices bounce off with an increase in volume. MACD and RSI showing positive signs too. **Stock is Shariah Compliant

Has taken 200 DMA support twice and bounced. ( 47 MA on Weekly)

Persistent has been moving around the neckline for a couple of months. Making a good comeback after the gap down, retesting the gap and the neck. Awaiting a breakout to fill the gap or a reversal.

21-04-2018 Buy around 725-730 levels, SL 790, Target 760, T2 810