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NeeteshJain
7 Th06 2017 06:34

PERSISTENT - WEEKLY BREAKOUT  Giá lên

PERSISTENT SYSTEMS LTD.BSE

Mô tả

It is been observed on the weekly chart that the price action breaking out from a downward trendline indicating bullish move ahead. It shall further resumes the trend and shall further move up to the previous resistance levels. This setup can also be called as positional trade setup where you hold trades for weeks and months.

Target 1: 700

Target 2: 760

Stoploss: 590

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Crossing 660 levels.

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Crossing 670 levels

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Crossing 680 levels

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Bình luận
Victory4sure
Interesting ..me just watching it and loving the way its moving. :)

Thank you
NeeteshJain
@Weshaal, Wish you the best, Regards
SagarBathini
I entered.. but the concern is it has very little volume .. its already 4th day of week.. the break out candle looks weak because of its volume
SagarBathini
@SagarBathini, P.S. I am novice trader. hope i get answer from @NeeteshJain regarding the way i think about volume.
NeeteshJain
@SagarBathini, Keep holding for now, volumes shall pick up with days to come. Sit tight and hold it for 2-3 weeks.
SagarBathini
@NeeteshJain, I believe in you sir. :)
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