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KPIT Technologies | SHORT
KPIT TECHNOLOGIES LTD
Short
KPIT Technologies | SHORT
By GokulHari
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Updated
Oct 26, 2020
0
Oct 20, 2020
KPIT Technologies looks weak in Daily charts. KPIT rallied along with the support of other IT majors.
22 points profit booking already done in the past 10 days.
Money Zone is around 90-100
All Time resistance is at 117. If it respects the line, it can fall up to 100 and further to 90 and will oscillate in the 90-100 range.
Watch out for any news that supports the breakout of 117 range in the days to come.
Oct 26, 2020
Note
Broke 150 day SMA.
Technical Indicators are bearish.
Overall outlook is Neutral.
Watch out for support at 100.
Oct 27, 2020
Trade closed: target reached
Target in range 90 - 100 reached
kpittechnologies
Trend Analysis
GokulHari
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