PERSISTENT NEWS why is Persistent Systems Limited price falling or rising

PERSISTENT NEWS reasons for why stock price of Persistent Systems Limited is falling or rising

PERSISTENT Persistent Systems is falling or rising technical reasons

Technical analysis forecast for Persistent Systems Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Persistent Systems PERSISTENT at this time. Stock is falling and might fall more.

It appears as if Persistent Systems PERSISTENT gave a large move recently.

Stock of Persistent Systems (PERSISTENT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Persistent Systems is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Persistent Systems stays below 3432.6, but if it comes above 3432.6, then a intra day buy could be more profitable.
If you take a sell trade below 3432.6, then use 3432.6 as stoploss and 2284.9 as target. However if you take a buy trade in Persistent Systems, then use 3432.6 as stoploss and 4388.96 as target.

PERSISTENT Persistent Systems is falling or rising NEWS fundamental reasons

Company Announcement Persistent Systems Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-04-26

Company Announcement Persistent Systems Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-04-26

Company Announcement Persistent Systems Limited has informed the Exchange about Presentation - NEWS as on 2024-04-23

Persistent Systems will be cautious on campus hiring in FY25: CEO Mid-tier IT services company Persistent Systems will be "cautious" on campus hiring in the new fiscal on the back of the ease which it sees in getting the talent when the business requires, a top official has said. The company will prioritise growth over p - NEWS as on 2024-04-23 business-standard.com

Company Announcement Persistent Systems Limited has informed the Exchange regarding 'Intimation to participate in a Non-Deal Roadshow scheduled from Tuesday, April 23, 2024, to Tuesday, April 30, 2024 '. - NEWS as on 2024-04-22

Persistent Consolidated March 2024 Net Sales at Rs 2,590.53 crore, up 14.91% Y-o-Y NULL - NEWS as on 2024-04-22 moneycontrol.com

Persistent Systems Q4 results: Net profit rises 25.4% to Rs 315.3 crore The total contract value for the fourth quarter came in at 7.7 million, a slight drop from the previous quarter's 5 million - NEWS as on 2024-04-22 business-standard.com

Company Announcement Anand Suresh Deshpande, Suresh Purushottam Deshpande has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.  - NEWS as on 2024-04-18

Company Announcement Persistent Systems Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2024-04-15

Board Meeting to discuss Financial Results/Dividend/Other business matters PERSISTENT - NEWS as on 2024-04-04

Company Announcement - NEWS as on 2024-04-04

More announcements and NEWS

PERSISTENT Persistent Systems Limited current price & indicator signals

Moving Averages for Persistent Systems Limited

  • 5Day Average: 3466.35
  • 12Day Average: 3730.41
  • 20Day Average: 4035.95
  • 50Day Average: 6662.77
  • 100Day Average: 7098.24
  • 150Day Average: 6744.37
  • 200Day Average: 6335.45

PERSISTENT Indicators & signals

Indicator MACD (12,26,9)

3835.49, 4783.85, -1019.05
Indicator MACD is in negative zone

Indicator ADX (14)

79.2, 6.71, 57.83
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 23
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of PERSISTENT Persistent Systems Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 3397.45 3391.00 to 3519.00 -0.96% 0.85 times
25 Thu Apr 2024 3430.35 3415.50 to 3478.70 -1.04% 0.69 times
24 Wed Apr 2024 3466.40 3460.00 to 3556.45 -1.78% 1.3 times
23 Tue Apr 2024 3529.05 3470.75 to 3559.10 0.59% 1.81 times
22 Mon Apr 2024 3508.50 3316.00 to 3882.00 -9.68% 4.13 times
19 Fri Apr 2024 3884.70 3790.00 to 3909.95 1.06% 0.41 times
18 Thu Apr 2024 3843.90 3821.55 to 3959.75 -0.37% 0.47 times
16 Tue Apr 2024 3858.25 3850.00 to 3977.05 -2.39% 0.36 times
15 Mon Apr 2024 3952.75 3905.00 to 3993.10 -0.63% 0.33 times
12 Fri Apr 2024 3977.95 3960.00 to 4040.00 0.49% 0.37 times
10 Wed Apr 2024 3958.75 3940.00 to 3979.35 0.05% 0.15 times
09 Tue Apr 2024 3956.85 3891.10 to 3988.00 1.36% 0.31 times

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