KPIT's roaring breakout!!!
Updated
1. Breakout of the Flat Base with volumes
2. Price surged above 10 EMA
3. Strong Existing Trend
4. Past breakout of the Cup & Handle pattern at PE 67 gave a good rally
5. EPS, Sales, and OPM rising
6. If results are according to expectation, it can continue to be a growth stock with a good rally one more time
2. Price surged above 10 EMA
3. Strong Existing Trend
4. Past breakout of the Cup & Handle pattern at PE 67 gave a good rally
5. EPS, Sales, and OPM rising
6. If results are according to expectation, it can continue to be a growth stock with a good rally one more time
Comment
KPIT posted strong results and retested the levels, outlook positive
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