Technical and Sentimental analysis of PERSISTENT share price on 18th May 2021

Back to 18th May 2021 reports
PERSISTENT share price analysis

PERSISTENT forms Dark Cloud Cover candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares
Book Profit

RSI indicates Neutral zone

RSI(14) value is 72.91, which is between 20, 80 and indicates Neutral zone. just hold your shares
Neutral

Recent brokerage reports

Broker Date Price on reported date Recommendation Target price Current price Target %Change Current %Change Possible %Change
Chola Wealth Direct 2021/05/03 2150.2 Neutral 2091 2329.05 -2.75% 8.32% -10.22%
Nirmal Bang Institutional 2021/05/03 2150.2 Accumulate 2088 2329.05 -2.89% 8.32% -10.35%
HDFC Securities 2021/05/01 2038.3 Buy 2350 2329.05 15.29% 14.26% 0.9%
ICICI Securities Limited 2021/05/01 2038.3 Buy 2385 2329.05 17.01% 14.26% 2.4%
Motilal Oswal 2021/05/01 2150.2 Buy 2340 2329.05 8.83% 8.32% 0.47%
Prabhudas Lilladhar 2021/05/01 2252.95 Buy 2344 2329.05 4.04% 3.38% 0.64%
Axis Direct 2021/04/30 2038.3 Buy 2325 2329.05 14.07% 14.26% -0.17%
BOB Capital Markets Ltd. 2021/04/30 2150.2 Sell 1340 2329.05 -37.68% 8.32% -42.47%
Axis Direct 2021/02/02 1572.05 Buy 1735 2329.05 10.37% 48.15% -25.51%
Nirmal Bang Institutional 2021/01/31 1546.65 Buy 1957 2329.05 26.53% 50.59% -15.97%
ICICI Securities Limited 2021/01/30 1524.25 Buy 1850 2329.05 21.37% 52.8% -20.57%
Buy - 9 ...... Sell - 1 ..... Hold - 1 2073.18 2329.05 6.74% 21% -10.99%

Recent news

Date Description
2021-05-12 Persistent Systems deepens ties with IBM by joining its partner ecosystem
2021-05-11 Persistent Systems to join IBMs growing ecosystem of partners to modernize mission-critical workloads
2021-05-03 Persistent Systems Q4 Review - Best-In-Class Performance To Continue In FY22E: Motilal Oswal
2021-05-01 Persistent Systems Q4 Review - Services Momentum Sustain; Alliance Recovery In-Line: Dolat Capital
2021-04-30 Persistent Systems posts a 64% rise in Q4 net at 137.76 crore
2021-04-30 Persistent posts 64.35%% profit after tax in�Q4
2021-04-30 Relatively confident of margin stability going forward: Sandeep Kalra, Persistent Systems
2021-04-30 Persistent Systems spurts 5% after reporting strong growth in Q4FY21
2021-04-30 Persistent System jumps after Q4 PAT rises 14% QoQ
2021-04-30 Persistent Systems consolidated net profit rises 64.35% in the March 2021 quarter
2021-04-22 Persistent Systems named among top 15 Sourcing Standout for Managed Services
2021-04-07 Persistent Systems Q4 PAT May Dip 2.5% QoQ To Rs 118 Cr: KRChoksey
2021-04-05 Persistent Systems Q4 PAT May Dip 3.6% QoQ To Rs. 12 Cr: Motilal Oswal
2021-03-25 Why Sharekhan Is Bullish on Persistent Systems
2021-03-09 Persistent Systems wins Golden Peacock Award for excellence in corporate governance
2021-02-11 Buy Persistent Systems; Target Of Rs 1900: HDFC Securities
2021-02-11 Constellation Research puts Persistent Systems in Innovation Services and Engineering ShortListTM for Q1 2021
2021-02-03 Accumulate Persistent Systems; Target Of Rs 1530: Dolat Capital Market
2021-02-02 Persistent Systems placed Top 15 Sourcing Standout for Managed Services
2021-01-30 Persistent Systems Q3 - Alliance Revives With 12% Growth: Dolat Capital

Summary

After analysing Technicals, Brokerage reports and News, we recommend
Book Profit

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