KPIT Technologies in last leg of wave 5

Jan 7

I am closely following KPIT for quite a while. If the label wave counts are correct then expect KPIT to fall further. As per my analysis its in the last leg of correction which is wave 5 of wave Y. Now wave 5 can be a impulse or simply an ending triangle. Once the correction is over expect a quick and sharp move towards 1900.

If it moves sharply above 1570 by mid of next week, my count is wrong and need to revise it.


Note: This information is only for educational purposes . This is not an investment or trading advice. I am not SEBI registered member. please do your own analysis and decide.

Jan 17

Trade active

The last wave Y turned out to be impulsive. we are almost there. Correction will be over in few more days unless Wave 5 of 5 gets extended then expect more dip correction.