Persistent Systems Ltd.*Persistent Systems Ltd.*
P&F; on Yearly Basis.
Strong Price pushback towards upside. Need to be Watched.
Strong Vol Consolidation. Continued Traction to be watched
RSI: 1HW<M.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do your own research as well. This is an Opinion.*
*_Happy Investing_*🤓
Persistentsystems
#PERSISTENT... looking good 17.05.23#PERSISTENT.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Persistent systems might persist with an upmove.Persistent Systems is a good long term story available at what some consider expensive valuation of 41.6 PE at CMP 3757.65. It is a company with Zero promoter pledge and low debt where Mutual funds and FII/FPIs are increasing their stake. Take X/2 entry in the company at 3852. Second SIP of X/2 entry can be taken at closing above 4008. The targets will be 4247 and 4409. Stop loss should be maintained at closing below 3280.