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Umang Bhutada

23rd May · SEBI-Registered Analyst

Persistent Systems – Momentum

PERSISTENT
Important Levels: Support: 4,500 – 4,300 Resistance: 4,950 – 5,200 Structure: Strong relative strength vs sector Business: AI, cloud, digital engineering focused IT company Strong US enterprise client base Beneficiary of AI spending cycle Earnings: Consistent revenue growth Strong deal pipeline Better growth than traditional IT giants Verdict: 👉 One of the strongest IT momentum stocks 👉 Suitable for aggressive swing trades

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