Respecting Rising Channel and 100 EMANSE:KPIL is respecting its Uptrend in Rising Channel and not breaking 100 EMA.
Just an Update no Trade as of Now.
Check out my other stock ideas below until this trade gets activated, I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
KPIL
KPIL - Swing Trade Analysis - 7th April #stocksKPIL (1D TF) - Swing Trade Analysis given on 7th April, 2024
Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Will look at a partial entry at the break of the Resistance and pyramid into if it moves up quickly
- However, if there is a retracement from the Resistance then I will average into once (if) the lower trendline is respected with a proper pullback
- This will also give for a better RR and a smaller SL
* Disclaimer
MACD Crossover Swing Trade📊 Script: HINDUNILVR
📊 Sector: FMCG
📊 Industry: Personal Care - Multinational
⏱️ C.M.P 📑💰- 2231
🟢 Target 🎯🏆 - 2362
⚠️ Stoploss ☠️🚫 - 2172
📊 Script: KPIL
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Transmission Line Towers / Equipment
⏱️ C.M.P 📑💰- 1206
🟢 Target 🎯🏆 - 1272
⚠️ Stoploss ☠️🚫 - 1176
📊 Script: CHENNPETRO
📊 Sector: Refineries
📊 Industry: Refineries
⏱️ C.M.P 📑💰- 942
🟢 Target 🎯🏆 - 999
⚠️ Stoploss ☠️🚫 - 912
📊 Script: POWERGRID
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑💰- 281
🟢 Target 🎯🏆 - 298
⚠️ Stoploss ☠️🚫 - 272
📊 Script: NATCOPHARM
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
⏱️ C.M.P 📑💰- 999
🟢 Target 🎯🏆 - 1069
⚠️ Stoploss ☠️🚫 - 965
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
KPIL has power to fly high!Kalpataru power now known as Kalpataru Projects International Limited (KPIL) has given weekly breakout of inverted head and shoulder pattern. A similar pattern is seen in SBILife whose idea was shared earlier
This is a strong signal of big uptrend in the stock from the technical analysis perspective. Energy sector is looking bullish to support the uptrend.
One should have strict SL of below 600 weekly closing basis for targets of 1000+ as a positional trade.
Idea shared only for educational purposes.
KPIL | Multiyear Breakout📊 DETAILS
Sector: Transmission Towers / Equipments
Mkt Cap: 11,449 cr
Kalpataru Power Transmission Ltd is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation.
TTM PE : 23.95 (High PE)
Sector PE : 20.38
Beta : 0.42
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
3.84% away from 52 week high
Outperformer - Kalpataru Projects International up by 10.19% v/s NIFTY 50 up by 7.57% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com