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GaneshWadhwa
Feb 14, 2024 5:54 AM

KPIT ready to take off Long

KPIT TECHNOLOGIESNSE

Description

KPITTECH has given a box breakout and is in a strong uptrend with the sector being bullish too. One can look to make entries around cmp. The breakout is on back of a false breakdown which gives the trade more confidence. Stop loss should be around 1425
Comments
4576c7aa2bb04832b704aee8c03904
Kpit is moving downwards for a long time consolidating ,any chance to bounce back high soon. ??
GaneshWadhwa
@4576c7aa2bb04832b704aee8c03904, the down candles in consolidation have a poor range and are forming on extremely low volume. This usually means the stock is bullish.
availableTruff30986
Sir is it good for swing for short term?
GaneshWadhwa
@availableTruff30986 Holding period will be atleast a month or two
availableTruff30986
@GaneshWadhwa, Okay thank you
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