Short KPIT - Double Top + Evening Star
KPIT has a high PEG ratio of 1.48. This means the fair value of the stock is around Rs 100.
Technically, it is forming Double Top + Evening Star.
Good candidate for short if the next daily candle opens below today's low.
Target T1: 127
Target T2: 115
Long Term Target: 108
SL: 139.5 (Today's high)
Technically, it is forming Double Top + Evening Star.
Good candidate for short if the next daily candle opens below today's low.
Target T1: 127
Target T2: 115
Long Term Target: 108
SL: 139.5 (Today's high)
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