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radha_23
Sep 13, 2022 5:29 PM

KPIT - Ascending Triangle + Cup & Handle Breakout Β Long

KPIT TECHNOLOGIESNSE

Description

β‹…
πŸ“Š Script: KPIT (KPIT TECHNOLOGIES LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY500
πŸ“Š Sector: Information Technology
πŸ“Š Industry: Computers - Software & Consulting

Cup & Handle Breakout


Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages is also giving crossover.
πŸ“ˆ Volume is increasing along with price.
πŸ“ˆ Script is giving Trendline + Ascending Triangle + Cup & Handle Breakout as shown in chart.
πŸ“ˆ Current RSI is around 67.
πŸ“ˆ One can go for Swing Trade.


⏱️ C.M.P πŸ“‘πŸ’°- 605
🟒 Target πŸŽ―πŸ† - 684
⚠️ Stoploss ☠️🚫 - 574

⚠️ Disclaimer: DowJones & NASDAQ futures down more than 1% due to US. AUG INFLATION AT 8.3 % V 8.1 % EST. Take position according to your comfort level and conviction.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚
Comments
rahuldokania11
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Stoploss triggered πŸ₯²
rahuldokania11
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Should add more at dip
rahuldokania11
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Bought 300@594.7
rahuldokania11
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Charts looking good?
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