“CA Rudramurthy BV recommends shorting Persistent Systems via futures, citing weak earnings results. He sets a downside target of 4,600 with a stop loss at 5,050, indicating a bearish near-term outlook for the stock.”
CA Rudramurthy BV’s track record: 17 graded calls · 95% CI 26–69%
Persistent SystemsBearishCalled 24 Apr 2026Graded 27 Jun 2026
Persistent Systems decreased from ₹4817.50 to ₹4702.10 (-2.40%), moving in line with the bearish call and reaching within 5% of the ₹4600 downside target.
Pre-fills a same-day INTRADAY short — delivery short-selling isn't allowed, so this is the only way to paper-trade a bearish call.