This is the analysis of KPITTECH in the Daily Time Frame. Watch carefully. The chart explains itself.
If it breaks and sustains above the upcoming resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or...
KPITTECH, has recently caught the attention of traders with its impressive momentum. stock experienced a breakout from the bullish trendline, marking a significant turning point. Currently, the stock is testing its breakout at trendline which was supply line before breakout, which has now transformed into a demand line.
📊 Key Analysis Points 📊
KPIT Weekly Analysis
Ascending Triangle Pattern Formation in KPIT
KPIT has made Ascending Triangle Patern on Weekly Timeframe. KPIT has giver breakout at it's resistance level and trying to retest the level to establish the support over there. 805-829 is the support zone range. Price may take support at this zone and move further up towards our projected...
Good to keep on the radar
Always respect SL & position sizing
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Cup and handle pattern in KPIT and daily consolidation break with strong candle,
Higher Time frame candles (M/W)also looks strong.
we might see 800 levels very soon.
(there is Rally base Rally candles as per supply and demand method)
Only For Educational Purposes,
Invest at your own discretion
KPIT TECH after delivering a staggering quarter with updated Growth Guidance and Highest TCV for all time now looks to deliver in the Charts,
KPIT Closed around 681 a few weeks ago, and has tried to test the same levels a couple of times but has failed to do so clearly.
Now after respecting the FIB...
Chart -> KPIT Weekly
After an unbelievable uptrend, the stock needed some time to cool off. That's what happened with a down move. But this week it broke the previous high with a volume spark!
CMP -> 660
Good range: 600-640
SL: 570 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not...
The stock price action in KPIT Technologies look good, given its move from around 450 levels to 569.
Breakout above 590 will add some momentum for it to go till 625 and 650 levels in the short to medium term.
Good support in the range between 540 and 525, below which it has strong support at 455.
Always trade with a stop loss.
Note: Not a buy/sell...