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LKP Spade, Weekly Pick - Buy Persistent Systems Ltd For Target Rs. 3530 - LKP Securities
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* Stock has given ascending triangle breakout on four hour charts which is consider to be bullish continuation pattern by nature.
* Good volume has been seen at the time of breakout also prices are trading above ichimoku clouds which suggest trend is clear up.
* Both momentum indicator RSI & MACD are ranging in positive territory.
Buy Persistent Systems Limited - BUY @ 3315-3325 TGT 3530 Stop Loss Below Rs. 3170 CB Duration 1 Week
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