FalgunPrajapatiTrading

KPIT TECH Long Term Study

Long
NSE:KPITTECH   KPIT TECHNOLOGIES
KPITTECH

Time Frame : Daily

View : Bullish for long Term

Observation:
Chart Pattern : Multiple Bottom
RSI : RSI Bullish Divergence
Trend : Trendline Breakout indicates Bullish move is in card

How to go Long ?

Buying Zone: 515 to 540
Trendline Breakout : @ 578
Buy @ > or = 580
Stop loss = 556
Support : 540
Target = 619 - 660 - 750 - 800 + + +
Breaout Level = 801.00

Note : In case of Retracement one can accumulate KPITTECH in between 515 to 540 with 4% stop loss.
Comment:
CMP = 577.80
Can add @ > = 580 again with GTT Order.
Comment:
Target 1 - 619 hit today 23 March 2022

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.