In entire IT pack which is struggling right now, KPIT Tech looks strong on daily & weekly TF. Any retracement towards 612-620 zone will provide good opportunity to enter. RSI, ADX both are strong on daily & weekly TF so I would be looking for opportunity to enter. Entry in the zone of 612-620 with targets 1) 720 2) 790 and SL of 599 on weekly basis will be my plan.
Happy earning :)
Happy earning :)
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T1 missed by 1.5 points, whosever entered in this should trail this now to method of their comfort(ATR, 1/2 Hour swing low, moving average etc). Happy DiwaliDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.