KPIT Technology is one of the leading IT shares in India. I had also identified and posted it just before its recent rally. Here is a more detailed run through of the price action. It demonstrated a very clear support at EMA 50 level and a fairly clear Resistance level. This was further supplemented with a double bottom pattern and rising volume levels - Clear...
KPITTECH has bounced from EMA 50 on multiple occasions before. Presently, Bounce is also synced with the Trend Support and MACD Divergence has been decreasing as well. Upside Movement is expected if it keeps trading in this channel. This is not a financial advice. To be used only for Learning purposes. Thank You :)
MIGHT CONSOLIDATE TO COOL OFF RSI. below 310 next support is 270. if it stays above 321 can touch 500 in next 6 months.
strong financials ; zero debt ; quarter on quarter increase consistent increase in bottom & top line factors ; Promoters Decreasing pledged shares ; As well seeing growth in IT sector, business gonna Flourish in coming time. Use this support levels for decision.
Notes: Can confirm a breakout above 254 (or a breakdown below 238). Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
fibo retrace is showing KPIT can burst out anytime.
First entry at 180.90 (risky entry) and second confirmed entry at 183.80 (going long for one week). Kpitech is sjowing strong volumes from back days and is standing still even in this volatile and negetive markets .
Sell off below 125 and Breakout above 142.
should stay above 128. chart is for study purpose only
KPIT Technologies Ltd. provides software for the Automobile and Mobility Industry. It operates through the following segments: Product Engineering Services and Product Organization. *Stock Analysis* -- Short-term trend of the stock is positive where it is trading above its 20-day SMA -- Good Demand Zone in the range 90-100 -- RSI Indicator above 50(on Daily...
KPIT Tech has given a breakout above its all time high. After the breakout retest has also been done. One can go long at CMP for a target of 160-170. *only for educational purposes.
successful closing on daily basis above previous Resistance. Targets could be 140, +
NOTE : CONSULT WITH YOUR TRADING ADVISOR BEFORE TAKING ANY TRADING DECISION.
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Kpit has broke it's previous resistance on to a trendline. It broke and then retested at its level back. Now started again it's move . There was a strong pullback and had started its upmove with a strong candel on a upside. Short term target is 185 as per fibo levels and gann levels both
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
look fresh in range 78-85 for upside target 100 intact.. Refer chart for more details..