Board meeting of persistent is going to be held on 23.04.2010, and it is excpeted board is going to announced good result alongwith interim dividend. Looking to this this share can move to 550 very soon.
Big brokers & mutual funds are making position/Holding as persistent system having very low equity, hence it will Jump very soon about Rs.500+ then 550-600+ and then 650-750 where some resistent will seen. This company is a debt free company and company having good strength of manpower aroung 4000+ having good reserves it can touch 1000+ in near future. Recommendation for any dip is buying time and make position at every level. One month target is 500+ definately...
9TH APRIL IS AUCTION DAY FOR IST DAY SHORT SALE. THERE WOULD BE HUGE SHORT SALE OM IST DAY OF LISTING. OUT OF TOTAL 48 LAK SHARES DELEVERY VOLUME ON BOTH EXCHANGE WAS 35 LAKH. POSSIBLE HUGE SHORT SALE. STOCK MAY RISE AT 12 NOON IST AUCTION TIME AND THEN AT THE END 3.30 PM. CHEERS WHO HAVE DELIVEY.