PERSISTENT Futures - Post Breakout Setup | Sector Aligned |

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PERSISTENT Futures - Post Breakout Setup | Sector Aligned |PERSISTENT FUTURESNSE:PERSISTENT1!Sindbad_the_traderPERSISTENT Futures - Post Breakout Setup | Sector Aligned | Dip Opportunity 5900-5930 Summary: Multi-timeframe checklist confirms strong trend and sector alignment in Persistent Futures. After a breakout from wedge pattern and fresh highs, stock is extended on short-term TFs → optimal play is buying a dip into the 5900-5930 support zone, aligned with TPO and sector context. Checklist Review: 🗓️ Week & Month: ✅ Positive momentum, no falling MAs → Trend supportive ✅ Daily TF: Squeeze breakout → ✅ Polarity shift → pending retest, zone 5700-5750 → watch RSI cross 60 → ✅ Wedge break → ✅ Relative volume → ✅ Strong ⏱️ 125min TF: ❌ RSI overbought (>85) → patience needed → wait for cooling / dip ⏱️ 75min TF: ⚠️ RSI cooling from high zone, trend intact → ready to buy dip ⏰ 20min TF: ✅ RSI healthy ⚠️ CVD not rising strongly → mild caution ✅ Price above 1st 20min high ✅ Sector aligned → Nifty IT supports move 📊 TPO Profile: ✅ POC shifting higher ✅ Untested LVN zone 5700-5800 → strong support for dip play Trade Plan: Ideal Entry Zone: ₹5900–₹5930 Stop: Below ₹5825 Target 1: ₹6070 Target 2: ₹6250 R-Multiple / P&L Potential (100 lot size): EntryTarget 1 RTarget 2 RTarget 1 P&LTarget 2 P&L 59002.274.67₹17,000₹35,000 59301.333.05₹14,000₹32,000 59750.631.83₹9,500₹27,500 Conclusion: Persistent Futures offers a high probability dip-buy opportunity aligned with sector tailwind. Patience for proper entry (5900–5930) will offer superior risk/reward vs. chasing current highs. Watching for CVD improvement and intraday trigger. #PersistentFutures #NiftyIT #BreakoutTrading #MultiTimeFrameAnalysis #FuturesTrading #PriceAction #TPOProfile #RelativeVolume #TradingSetup #LearningPurpose #ResearchOnly Disclosure: This idea is shared purely for learning and research purposes. It is not trading advice and I am not a SEBI registered analyst. Please do your own research and consult with a qualified advisor before taking any trades based on this post.