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
#FundamentalViews#TechnicalViews

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