Mastering Demand Zones: Advanced Techniques in Stock Market Analysis
Introduction to Demand Zones:
In the realm of technical analysis, demand zones play a crucial role in assessing price movement and making informed trading decisions. A demand zone, also known as a support zone, is a price range on a chart where a particular asset, such as a stock, has...
Buy with stop loss below 4600 target 1 5850 , target 2 -6150 , target 3 7000 and target 4 8200 by Dec 2023.
Disc : It's not an investment advise to buy or sell.
Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:PERSISTENT I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This...
Market Cap 38,892 Cr.
Stock P/E 41
Industry PE 33
Piotroski score 8
ROCE 31 %
ROE 26 %
Debt to equity 0.17
OPM 18 %
EBIDT growth 3Years 38 %
Promoter holding 31 %
Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built...
PERSISTENT SYSTEM
Key highlights: 💡⚡
📈On 1 DAY Time Frame Stock Showing Reversal of Bullish Flag Pattern .
📈 It can give movement upto the Reversal Final target of above 5095+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 6385+.
📈 Can Go short in this stock by...
Go Long on Persistent as it has given a bullish momentum on Lower Levels
Target , SL as shown on Chart
It is daily Timeframe so you need to hold your position for 1-2 week of time.
Persistent systems is making nice running flat, overall trend is upside, it breakout out of correction, looks ready to go, look for breakout of c wave for upside move.
