PERSISTENT - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 4.1

📊 Analysis: PERSISTENT is trading at ₹6,365, above both 50 DMA (₹6,060) and 200 DMA (₹5,659), reflecting strong medium-term momentum. RSI at 54.7 indicates healthy strength, while MACD (63.0) confirms bullish bias. Intraday volume (1,71,491) is slightly below the 1-week average (2,06,326), suggesting moderate participation. Fundamentals are strong with high ROCE (28.4%) and ROE (20.9%), though valuations remain expensive (P/E 68.8, PEG 3.53).

💡 Optimal Buy Price: ₹6,340–₹6,370 (near support zone).

🎯 Profit-Taking Levels: ₹6,450 – ₹6,520 (short-term resistance).

🛡️ Stop-Loss: ₹6,300 (below intraday support).

⏱️ Exit Strategy if Already Holding: Exit intraday if price fails to sustain above ₹6,350 with weakening momentum. If RSI drops below 52 and MACD loses strength, consider closing positions near ₹6,340–₹6,350. If momentum improves with volume pickup, hold until ₹6,450–₹6,520.

Positive

• 📈 ROCE (28.4%) and ROE (20.9%) show strong efficiency.
• 💡 Trading above 50 & 200 DMA, confirming bullish trend.
• ⚡ Quarterly PAT growth of 62.5% shows strong earnings momentum.
• 📊 DII holding increased (+2.83%), reflecting domestic investor confidence.

Limitation

• 📉 High P/E (68.8) and PEG (3.53) indicate expensive valuation.
• 📊 Volume below average, limiting intraday momentum strength.
• ⚠️ FII holding reduced (-2.95%), showing foreign investor caution.

Company Negative News

• ⚠️ FII selling pressure may cap upside in near term.
• 📉 High valuation multiples compared to industry peers.

Company Positive News

• ✅ Quarterly PAT improved from ₹374 Cr. to ₹465 Cr.
• 💡 DII holding increased, supporting domestic sentiment.

Industry

• 🏦 Industry PE at 26.4 vs stock PE 68.8, showing premium valuation.
• 📊 IT services sector remains resilient with strong demand outlook.

Conclusion

⚖️ PERSISTENT shows strong fundamentals and bullish technicals, making it a good candidate for intraday trading. Traders can buy near support (₹6,340–₹6,370) with tight stop-losses. Upside is possible toward ₹6,450–₹6,520 if momentum sustains. Long-term investors should weigh high valuations against strong earnings growth.

Would you like me to extend this into a peer benchmarking overlay comparing PERSISTENT with other IT mid-cap stocks, or prepare a sector rotation basket scan to highlight stronger intraday momentum candidates?