Persistent Systems fell over 8% after Q1 results missed estimates, despite 38% profit growth. Analysts flagged weak volumes, muted RSI at 53.5, and resistance at ₹6,100. Support lies at ₹5,000-5,200. While structurally strong, the stock lacks momentum. Retail sentiment remains bullish, but sideways movement is likely unless volume drives a breakout above ₹6,100.