TheUnlearningOne

KPIT Technologies - Break out zone to look for...

Long
NSE:KPITTECH   KPIT TECHNOLOGIES
Currently the price is in a narrow price range. Good buy range between 608 and 623.
Follow strict stop loss of 5-8%, depending on your risk management.

Can also see formation of ascending triangle pattern and breakout above 608.

Targets of 675, 743 and 801 are placed at key support and resistance zone.

Bullish above 801 and can see probable target of 1260 in the long term.

Read my previous analysis here:
Trade closed: stop reached:
Stop loss of 5% activated.

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