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Umang Bhutada

16th Feb · SEBI-Registered Analyst

Persistent Systems – 1W

PERSISTENT
Important Levels: Resistance: 6,190 – 6,792 Immediate Support: 5,232 Major Support: 5,008 Strong Base: 4,442 Business: Digital engineering and enterprise modernization company with strong BFSI & healthcare exposure. Earnings: Heavy weekly correction (-6%+). Profit booking visible from upper supply zone. Momentum cooling after extended rally. Verdict: Bias weak below 6,190. If 5,232 holds, consolidation possible. Breakdown below 5,008 can extend correction. Disclaimer: SEBI Registered Research Analyst For educational purposes only No Buy/Sell recommendations

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