PERSISTENT trade ideas
Persistent SystemsPersistent Systems has been on a strong uptrend since its listing in 2005, and this upward momentum has been fueled by a combination of strong fundamentals and favorable technical indicators. Over the past year, the stock has been trading within a well-defined uptrend channel, and this uptrend has been supported by strong buying pressure.
From a technical perspective, the stock has seen a sharp uptrend in recent months, and the steady uptrend is being supported by strong buying pressure. The stock has also seen a consistent increase in volume over the past year, indicating that investors are keen to buy into the stock. The stock is also trading above its 50-day and 200-day moving averages, indicating that the trend is likely to continue.
From a fundamental perspective, the company has seen a consistent increase in revenue and profits over the past year, and this has been driven by strong demand for its products and services. The company has also seen strong growth in its customer base, which has helped to drive its overall financial performance. In addition, the company has been able to maintain a healthy balance sheet and has been able to generate consistent cash flows.
Overall, Persistent Systems has been able to demonstrate strong fundamentals and technical indicators, which have helped to fuel its uptrend over the past year. As a result, the stock is likely to remain strong in the near term.
Persistant Possible setup-LongBullish:Long trade
Fib level 0.5 retracement and bounce
Higher high higher low
Bullish engulfing candle
Major support zone.
Persiste Price PredictionBest Confluence Setup For Trading
Perfect Setup For Intraday & BTST
It just took a bounce from 50% fib level in daily time frame, In 15m it formed a W pattern and broke out of it.
We have a resistance at 4120.50 if we get a 5m candle closing above this we can take a long trade in the first half.
There is 200 EMA & Pivot as well around 4120.50 so watch out this level,
As per the OI we have 4100 as resistance.
Buy at or above 4121
Comment if you have any question or query.
Happy Trading !
persistent - nifty small cap 100 breaking out
Nifty small cap 100 index breaking out - Persistent can well perform from the index
Persistent looks good for 4100/4500/4800+
Persistant systemThis stock is trading at its resistance zone 3920
if it cross and hold above this level then we can expect a good move in upper side
Bullish above 3920
bearish below 3610
Buy persistent above 3400 for target of 3850
Good swing trade only buy if the levels are broken
Price has touched 3 time same zone and bounced back and you can see that it is demand zone good support area
And a resistance of near 4000 good swing trade holding period is 3 to 4 weeks
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Persistent system bullishPersistent system has formed high volume candle. Daily price is above 50 EMA and challenged upper bollinger band. There is trendline resistance and also coincide with weekly 50 EMA resistance. Price has formed tripple bottom.
Weekly MACD uptick and bullish divergence.
Daily MACD positive crossover.
Daily RSI is above 60
ADX is strong
Persistant systemIt is now at 52 week low. In 2022 it is fall down now it can hold this level or break this level down if it hold then we can go long other wise it is in the hands of bearsss
Breakout on Persistent Double Bottom Breakout.
also there is MACD crossover.
and RSI is around 60.
one can long on PERSISTENT with
target - 3822 around 7%
stoploss - 3445
Swing trading opportunityIf daily candle close above 3551 then we can make entry, we can make entry after 3.15 PM today
Target - 3600
Stop loss- if day candle close below 3550
persistentPersistent made inverse head n shoulder pattern on an hourly charts & trading comfortably above neckline with decent volumes.
Could be bought with mentioned stoploss & targets.
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.
Persistent is ready to Break Double Top Persistent is ready to break double top it can be sell because of double top and also trend of Persistent is down trend and double top target is Rs. 2514 and taeget of 1 is Rs. 3100 so it can be sell and my opinion is it can be sell and STOP LOSS is Rs.3798 And thank you to visiting this channel and pls like and follow me
TECHDARSHRESEARCHER and come here every time and pls comment below and have a good day bye bye.
Sell it your own risk.
PERSISTENT SYSTEMS SHORTPERSISTENT SYSTEMS SHORT
Double top pattern and on the resistance levels.
Short term move.
No recommendations.
Persistent IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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SWING TRADESWING TRADE with stage 2 break out along with low volume on downside. if pullback fom 50 % fibonicci level then good RR. it should be avoided if price goes below 38.2 fibonicci level i. e. 3135
Can Long PERSISTENTChart looks like will support moving average can enter with Green Candle. SL As Your Risk
Double close key reversal patternsI have chosen two stocks showing the said pattern which are very effective and easy to trade. enjoy. take care. only for educational purposes.
small targetsetup on very small time frame...
will book in small profit as the move will happen according to time frame so cant expect more
Persistent bullish As for nifty iT is started bullrun so keep eye on persistent above 4345 is making bullish run
