Rupak De recommends selling Persistent with an entry at ₹5,480, stop loss at ₹5,600, and a target of ₹5,280 in the short term. He notes that the stock has broken below its 200-DMA, suggesting a negative short-term trend despite an intraday recovery.

Rupak De’s track record: 27 graded calls · 95% CI 34–69%

Nifty 50BearishCalled 15 Feb 2026Graded 19 Jul 2026