#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 trade ideas
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))
PRESISTENT SYSTEMSPRESISTENT SYSTEMS ....
1 - forming inverted h&s pattern
2 - positive MA crossover
3 - bullish rsi 60
4 - good volume
Persistant bullishNow this stock is after long time in bullish trend .
Go for buy for every dip but 3500 level is critical support .if it breaks then can be down trend..but upside it can go up to 3980 to 4000
Persistent 1HJust placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
Falling wedge pattern in Persistent.Falling wedge pattern formed in Persistent system with retracement today. Possibility of bullish trend ahead.
Persistent for Short TermChart -> Persistent System Daily
After a brief downtrend, Persistent has given a double bottom breakout.
CMP: 3563
Target: 3772, 3988
SL: 3395
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
PERSISTENT NSE:PERSISTENT
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
PERSISTENT ShortStock looks weak at break of plotted level
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
PERSISTENT is at a good buy levelStock has corrected and reached a good support with multiple confluences.......like pitchfork median, E89 band and fibo conluence........all in all a good buy
Persistent don't get caught If Breaks Then The Targets could be Taken at 4227 .
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
Symbol Name :- Persistent
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Short probability highWEEKLY BREAKDOWN.
SL exit when daily candle closing above ma as shown
POTENTIAL TO GO DOWN TO 3000 LEVELS.
MAKE IT TO WATCHLIST.
JUST FOR KNOWLEDGE...NOT TO BE TAKEN AS INVESTMENT ADVICE.
Persistent Systems -Double Top Pattern Breakout..Persistent Systems -Double Top Pattern Breakout Daily Time Frame. Only Education Purpose.
Double Top Pattern at PERSISTENTBe Cautious Double Top Pattern (trend reversal ) at #PERSISTENT weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom
Shorting Idea Persistent SystemPersistent Systems
Stock after forming Double top Pattern and now looks week
Stock trading at its support levels and looks week
If market trend will be like this then Stock can give breakdown below 3650 level.
Keep Short term targets of 3575 & 3465.
Also take short Positional only if stock gives a day closing below 3650 levels
Keep Trailing Stop loss to maximize your profit
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Double Top PatternThe stock is making a double top pattern and can give a breakdown below 3650 level. Short term targets will be 3575 and 3465. Carry Positional only if it gives a day closing below our trigger.
Learn & Earn,
Dr. Tanya Kumar
