PERSISTENT SYSTEMS LTD
Long
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Educational Price Action Analysis

245
Education purpose - Price action analysis

PS is approaching an important resistance zone of 4700,
if it crosses the same on a weekly or monthly basis then the next target is 5000.
SL 4330
It is the strongest stock in IT Pack.
Note
Tomorrow monthly close is coming hence one should analyse the same.
Note
The monthly close is happening very close to 4700 ... let us see our hypothesis will work or not..
Note
C&H is going to be completed at 5K... let's see how the theory pans out....

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