KPIT has a high PEG ratio of 1.48. This means the fair value of the stock is around Rs 100. Technically, it is forming Double Top + Evening Star. Good candidate for short if the next daily candle opens below today's low. Target T1: 127 Target T2: 115 Long Term Target: 108 SL: 139.5 (Today's high)
RSI Overbought on Weekly Chart and looks like Nifty to form a Evening Doji Star Candle pattern. Its indicating the bearish movement on Nifty and the levels are measured by fibonacci.
Evening star on Yes Bank and MACD on bearish crossover on above the '0' barrier. Trade: Short below - 1420 Target - 1395 Stop loss - 1440 Risk : Reward => 1 : 1 Reward Points - 25 Risk Points - 20
Syndicate formed Evening Doji Star with Bearish Trend Line Touch. You can see fall in coming Days