Persistent Systems – Ready for a Fresh Upside?

💻 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.