In trading and technical analysis, a demand zone is an area on a price chart where buying interest is significantly strong, causing the price to reverse or bounce upward. For Persistent Systems, a mid-cap IT services company, identifying demand zones can help traders make informed decisions about entry points.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.