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aseem12321
Oct 27, 2017 7:51 AM

Short KPIT - Double Top + Evening Star Short

Description

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)
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