PERSISTANT SYSTEMS LONG (RISKY)

Persistent Systems has always been above the long and mid term EMAs showing that it is an up trending stock. Price is above all long term EMAs. Resistance @ 3920 looks converted into support. We think that it is a Buy @ 4050. Target 1 @ 4766. Stop Loss Below 3800 Thereafter we can trail.
Moving AveragesSupport and ResistanceTrend Lines

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