PERSISTENT - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.1

💻 Intraday Trading Analysis for PERSISTENT SYSTEMS

📊 Technical & Momentum Overview

Current Price: ₹5,568 — trading above both 50 DMA (₹5,399) and 200 DMA (₹5,421), confirming bullish alignment.

RSI at 60.5: Indicates healthy momentum, approaching overbought zone but still favorable.

MACD at 37.7: Strong bullish crossover, supporting continued upward movement.

Volume: 5.37L vs 5.02L average — slightly above average, showing active participation.

📈 Fundamental Snapshot

Strong ROCE (28.4%) & ROE (20.9%): Excellent operational efficiency.

Quarterly PAT Growth: ₹288 Cr → ₹374 Cr — robust earnings momentum.

Low Debt-to-Equity (0.04): Financially sound.

High P/E (68.0) vs Industry PE (30.0): Premium valuation, justified by growth.

PEG Ratio of 3.49: Slightly expensive relative to growth.

Institutional Activity: FII slightly down (-0.17%), DII up (+0.92%) — net positive sentiment.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹5,540–₹5,560

Entry near minor support; confirm with sustained volume and MACD strength.

💰 Profit-Taking Levels

Target 1: ₹5,610 (minor resistance)

Target 2: ₹5,650 (next resistance zone)

Aggressive Target: ₹5,700+ only if RSI crosses 65 and MACD accelerates

🛡️ Stop-Loss

Stop-Loss Level: ₹5,510

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹5,650–₹5,700 and RSI rises above 65 with volume surge, consider booking profits.

Exit on Weakness

If MACD flattens or RSI drops below 58 with price rejection at ₹5,610, exit partially.

Full exit if price breaks below ₹5,510 with rising volume.

PERSISTENT offers a strong intraday setup today, backed by bullish momentum and solid fundamentals. Ideal for momentum-based scalping or breakout trades. Let me know if you'd like to track this live or compare with other IT sector leaders.

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