Analyst reiterated bullish trading setup on Persistent Systems with target toward 5800

Thu 8 Oct 2026

Support level

5270-5300

Stop loss level

5520

Target level

5800

Heard on business television between 10:39:20 - 10:42:20 IST.

• Sachidanand Taker reiterated a trading setup highlighted last week, noting a rebound from support near 5270-5300 levels.
• He said the stock shows a bullish flag formation on daily charts, with trend gaining confidence.
• He expects a surge towards 5800.
• Recommended stop loss of 5520 on closing basis for long positions.

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