KPIT Technologies Ltd. provides software for the Automobile and Mobility Industry. It operates through the following segments: Product Engineering Services and Product Organization.
*Stock Analysis* -- Short-term trend of the stock is positive where it is trading above its 20-day SMA -- Good Demand Zone in the range 90-100 -- RSI Indicator above 50(on Daily chart) shows a buy sign -- Once it touch 120 level there is a possibility of retracement to 100 levels
*Important Levels to Watch* -- Entry @ CMP or on dips -- Target @ 120 -- SL @ 98.5