PERSISTENT SYSTEMS LTD

PERSISTENT RETRACING BEFORE BULL RUN

Persistent has been on a bull run since last year, experiencing a significant price increase. It's time for a pause and a minor rest. Some weaker hands may be replaced as the stock could decline by 2-4 percent from its current level. Starting next week, it is expected to rally once more and reach new highs in the range of 5300-5400-5600.

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