💻 Persistent Systems – Ready for a Fresh Upside?
Persistent has been one of the strongest names in the IT sector, even during the sector-wide weakness.
With IT showing signs of turnaround, global deal positivity, and the ongoing AI-driven demand cycle, Persistent stands out as a potential leader for the next leg up.
📌 Trade Plan (Positional):
• CMP: ₹6390
• Stop Loss: ₹5690
• Targets: ₹6786 / ₹7440
📍 Why Persistent Looks Strong:
• IT sector lagged for months but now stabilizing
• Persistent remained stronger compared to peers
• Structure turning from sideways → early bullish
• AI + deal momentum can accelerate earnings
• Strong candidates tend to outperform during sector recovery
⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.
📝 Important:
I am not responsible for any profit or loss. No fees are charged — purely educational.
📉 Disclaimer:
Not SEBI-registered. Please do your own research.
Persistent has been one of the strongest names in the IT sector, even during the sector-wide weakness.
With IT showing signs of turnaround, global deal positivity, and the ongoing AI-driven demand cycle, Persistent stands out as a potential leader for the next leg up.
📌 Trade Plan (Positional):
• CMP: ₹6390
• Stop Loss: ₹5690
• Targets: ₹6786 / ₹7440
📍 Why Persistent Looks Strong:
• IT sector lagged for months but now stabilizing
• Persistent remained stronger compared to peers
• Structure turning from sideways → early bullish
• AI + deal momentum can accelerate earnings
• Strong candidates tend to outperform during sector recovery
⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.
📝 Important:
I am not responsible for any profit or loss. No fees are charged — purely educational.
📉 Disclaimer:
Not SEBI-registered. Please do your own research.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.