Strong Breakout Persistent SystemGolden Crossover (50 EMA crossing 200 EMA)
W pattern breakout with increasing volume
Strong Financial.
No any trade recommendation. This is just only for educational purpose.
PERSISTENT trade ideas
PERSISTANT SYSTEMS LONG (RISKY)Persistent Systems has always been above the long and mid term EMAs showing that it is an up trending stock. Price is above all long term EMAs. Resistance @ 3920 looks converted into support. We think that it is a Buy @ 4050. Target 1 @ 4766. Stop Loss Below 3800 Thereafter we can trail.
Investment/Positional opportunity for 20% || Persistent SystemBuy Mindtree at CMP of 4050 for a target of around 5000. It is a positional opportunity and stoploss is not required as it is a fundamentally good stock, if the price comes to 3200 levels then we can add more as well.
Do FOLLOW for more such ideas!
PERSISTENT Formed a reversal pattern in smaller time framestock is forming and inverted head and shoulder pattern in 5min time frame if sustains and breaks the EMA then it can give a good swing opportunity. Must keep in Radar.
Double bottom breakout - Long positionStudy:
1. Double bottom breakout with good volume in Daily chart
2. Rectangle pattern breakout in 1 hour chart
3. Good support from 200 EMA
Targets and SL are shown on the chart
Persistent Systems - Bullish above 4920The stock has tuned bullish and is likely to resume its uptrend beyond 4920.
1) Supertrend has signalled buy
2) It has several buying zones above 50 DMA
3) Nifty IT has turned uptrend and hence IT stocks are likely to gain going forward
4) FII buying has improved gradually
5) Double Top formation and stock going to test resistance third time and hence is likely ot breakout.
Beyond 4920 this stock will turn bullish.
This analysis is for academic purpose.
Perisistant Systems - Head and Shoulders - ShortStock has formed H&S pattern on the daily chart. it is consistently showing lower highs and lower lows. Trading below 50 DMA.
The stock price will pursue 2733 which is a traditional support. The Coppock curve is also downward trend below zero.
The analysis is for academic interest only
Persistent system Daily TFLooking good above 100 DEMA and the horizontal TL.
Can do 3999-4000 above 3685-3690.
Last days volume is also good.
PERSISTENT 1DPERSISTENT : Breakout done, Heavy Momentum!!!!
Break Resistance Test 4th time
Stoploss & Target already mentioned on Chart
Cheers,
AS_Vishwakarm
Long PersistentLong persistent , channel breakout is there and entering in to new parrallel channel.
Earning is also good last quarter
Persistent: Perfect Double bottom on Weekly Time framePersistent: Perfect Double bottom on Weekly Time frame
Buy above 3980 with SL of 3924
Targets: 4000/4029/4067
Trail SL for max gains in Intraday.
Disclaimer: Im not SEBI registered, contact your financial advisor before any investment.
Persis Systm BullishPersis Systm seems cup with handle breakout in daily concentrate if price sustain above 3980 in daily
PERSISTENT SYSTEMS - CUP & HANDLE PATTERN- Price Coming Out Of Cup & Handle Pattern.
- Nice Consolidation Before Breakout.
- Good Volumes.
- IT Sector Reversing.
Long Persistent above 3910 closing on a Daily basisPure Price action. Resistance at 3900
Buy trade active above 3910 on a closing basis candle --focus on power candle i.e. bullish engulfing
#Persistent systems cash : Looks good above 3730.10#Peristent systems cash -Positional call
22.11.2022
Looks good above 3730.10
Stoploss 3680
Target 3795-3800/3840
Cmp 3712.10
PERSISTENT SYSTEMSPERSISTENT SYSTEMS:- consolidation for the last few months..... formed Cup and Handle Pattern if break the resistance go for long...
almost 3 times tested upper resistance...
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning
Persistent Systems in an accumulation phase or will it dip againPersistent Systems have been trading in a broad range for the last few months. It has tested the bottom range thrice and now the prices are hovering near the upper range where we can also spot an accumulation and a confluence of the upper range and another resistance trendline.
As for the bearish section, there is a confluence of 200 EMA and the support trendline, but as for the performance of the sector, my personal belief is that the stock might show us a good rally anytime now.
Trade with due diligence.
PERSISTENT Double Bottom!Double bottom in Persistent Weekly timeframe, a buy can generate when this neckline gets to break above the 3900 level.
persistent trendline breakout on daily time frameNSE:PERSISTENT can give trendline/trianle pattern breakout on daily timeframe with first target upto 3840/3923, longterm target 4384/4463.
#persistent is looking good to buypersistent is looking good to buy, breakout of falling wedge and accumulation zone.
we can see 10-15% movement in some days
Broadening Wedge Pattern reversal in PERSISTENT.Discription:
Stock Name: PERSISTENT
Chart Pattern: Broadening Wedge Pattern
Time Frame: 1 D
Entry: Reversal From support level
Reversal target : 4140+ (upto Resistance level))
