Persistent Systems533179Information technology
Sachidanand of Trade Bulls recommended building fresh long positions in Persistent Systems
- Support level defended
- 5350
- Stable support
- 5300
- Target level
- 5440
- Target level
- 5540
- Stop loss
- 5280
Heard on Live TV News Channel between 10:38:12 - 10:41:12 IST.
- Said the stock's 50-week exponential moving average support was defended, with a bullish hammer formation last week.
- Support at 5350 was well defended, with stable support seen at 5300.
- Recommended building fresh long positions, expecting a move back toward 5440-5540.
- Suggested keeping a stop loss at 5280 on closing basis.
Also from Persistent Systems
Persistent Systems' shareholders approved borrowing and securities issuance limits to fund the Nagarro acquisition
7 Oct 2026
Members approve alteration of Article 12(iii) on further issue of shares
6 Oct 2026
EGM voting results: all 4 resolutions passed, including borrowing limit rise to USD 1,250 million
6 Oct 2026
Source: Live TV News Channel · 1 Oct 2026
The call above is Sachidanand, Trade Bulls's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.