VR_Securities

Persistent system bullish

Long
NSE:PERSISTENT   PERSISTENT SYSTEMS
Persistent 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
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