Formation of Cup & Handle Break Out in Persistent SystemsPersistent System is forming a popular Cup & Handle Chart Pattern. It is near BO level of 5235.
Target 1 : 5935
Target 2 : 6880
Stop Loss: Below Confirmation/BO Candle
PERSISTENT trade ideas
PERSISTENT SYSTEMS - POSSIBLE BREAKOUT FROM INVERTED H&SPersistent Systems counter has closed a significant raising resistance line.
I think,
a.) we should wait for few days for the Breakout to sustain for confirmation
b.) Wait for possible retesting of the Resistance line.
The counter is look good for the following reasons:
- Break out from resistance level that is being tested during last 18 months, during which time company has given better earnings making it more valuable (EPS from 23.08 -> 32.91 while Stock at approx. same level)
- High and raising RoE, RoA, RoCE.
Looks like potential long term opportunity
Enter above: 5250
Stop Loss : Closing below 4925
Initial Target : Around 6080
NOTE: I am not a professional Trader/ Investment Expert/ Advisor. please exercise your judgement after independent analysis
cup and handle in persistent systemsWe could go long in persistent systems. It has formed a cup & handle pattern on weekly chart
PERSISTENT SYSTEMS - PERSISTENT GROWTH!BUY - PERSISTENT SYSTEMS
CMP - Rs. 4693
Target - 1: Rs. 5264
Target - 2: Rs. 5530
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Persistence Cmp 4984 Cup & Handle FormationPersistence Cmp 4984 dated 12-6-2023
1. Ascending Triangle Formation
2. Cup & Handle Pattern formation
Buy above 5005 tgt 5110-5200-5300 SL 4850
It is just a view, please trade at your own risk.
persistent systes 1w buy above 5003 target 4983, 5099, 5497persistent systes 1w buy above 5003
target 4983, 5099, 5497
risk reward 2.57
sl 4810
Its just a view trade @ your own risk
Persistent Weekly brack-out and pull backThe presistance system is the IT sector good stock to buy the current level the weekly chart is clear show that dec 2021 the 5018 is resistance level. but currenlty the share is brackout and now the price is pullback.
If you are buy this level, this is the low risk & high return expected.
Note:- This is only for education purpose// for more subscribe my youtube channel
PERSISTENT - Intraday Trade || 1st June, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 1st June, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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* Please do your own research and/or contact your financial advisor before taking any trading opportunities
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Persistant Trade idea Persistant Trade idea
1800-1900 points breakout range
Pattern Inverted Head & Shoulder - Bullish
Daily scale -ABCD pattern
Perfect set up for june series
Persistent Weekly Charts suggest Upside RallyPersistent Weekly Chart is about to Breakout on upside with possible targets 50% Upside in next 6-8 Months.
Multiple Patterns identified on weekly charts - CUP Patter / Inverse H&S Pattern / Flag & Pole Pattern.
LTP - 5041
SL - 4800
Targets - 7000+
Time frame - 6-8 Months
Happy Investing to my Friends & Followers.
Persistent systems making cup and handlePersistent systems making cup and handle....ready for breakout ? ,,,keep on watchlist
Persistent - CASHLooks like the stock has break the Resistance level of 4636-4670 and the price has come for retest.
Will create a long position here for target of 4915-4930 with a stop loss at 4610-4600.
PERSISTENTPERSISTENT is looking bullish , created rounding bottom in weekly stock is continuously moving up . it also formed heigher high
Inv Head n Shoulders on CardsPersistent systems, we can long after a weekly BO, above - 5050, with rising volumes. This is not a piece of advise for any one reading out there. Only for Educational Purpose.
PERSISTENT System 18th & 19th may 2023PERSISTENT successfully retested the level and looks good to buy above 4830 SL 4796 Targets 4864,4904,4943
Persistent Ready for new BO#Persistent CMP 4691 forming a base around this level. Earlier it respected the Demand zone between 3900-4100 and came abv again the resistance level of 4400.
Seems ready for good upside from here to 5000/5500/6500 in mid term.
Trailing SL 4575 closing basis.
Bullish Trend in Persistent Technology1. Uptrend Started in Mid September after a long Divergence.
2. Price have made series of Higher Highs and Higher Low since then.
3. MACD continues to shows Bullish Trend and Momentum have picked up recently.
4. There has been Volume Spikes twice recently at the level of 4000 acting as Strong Support
5. Formation of Dragon0-Fly Doji give Further conformation of the Reversal
6. Based on the Above Evidence Target is 20% from Current Levels.
PERSISTANT SYSTEM DAILY CANDLE ANALYSIS VIA SUPPORT RESISTANCEPERSISTANT SYSTEM daily candle analysis
long term DOUBLE TOP ACHIEVED
at the DOUBLE TOP there is a HEAD N SOULDER may be a killing system
SELL near 5000
stop loss 5150 target 3900
around 20% DONWside possibility with strict stop loss 5150 on closing basis
PERSISTENT LONG IDEA NSE:PERSISTENT
PERSISTEND making some kind inverse h&S pattern and taking good support around 4450 - 4500 level we can see some swing opportunity in this stock
ENTRY would be - 4450
TARGET - 4700
SL - 4370 below stoploss
PERSISTENT Long ! #nifty50 Stock looks for a quic bounceStock has formed a bullish pattern at the previous resistent level indicating strenght to make a bounce
Levels plotted on the chart for referrence
buy persistenceit has retest its previous breakout level and some buying is visible. view negated below 4300 closing basis.
Persistent system Bearish in Monthly weekly and daily chartsPersistent system Bearish in Monthly weekly and daily charts.
Tripple Top with shooting star in Monthly and Weekly chart and head & shoulder pattern in Daily chart.
Currently it trading at support zone.
Details drawn in chart
