Persistent Systems – 1D

Trend: Downtrend with early base formation attempt Key Levels: Resistance – 4,970 / 5,230 / 6,190 Support – 4,440 Price Action: Sharp fall followed by sideways consolidation near support. Small higher lows indicate early stabilization but no breakout yet. Expected Move: Sustain above 4,970 → Bounce towards 5,230 Failure → Retest of 4,440 zone Verdict: Base-building phase — confirmation needed above 5,000 zone 📲 Join for daily charts & insights: ***** Disclaimer: I am a SEBI Registered Research Analyst. This content is purely for educational and informational purposes only. It does not constitute investment advice or recommendations. Please consult your financial advisor before making any investment decisions.