Kpittechnologies
KPIT - at 1 YEAR SUPPORT LEVEL Can Enter at 1330
if again falls then you need to average at 1230 level
Target - 1800,1930
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
KPIT Tech: Is This High-Conviction Pattern Set to Deliver?This is purely a technical play in NSE:KPITTECH
The chart is showing a high-conviction inverse head and shoulders pattern, suggesting a potential bullish reversal. A volume breakout and close on a lower timeframe above 1882 could provide a solid entry point.
For this trade one can maintain a strict stop loss of 1790. The targets to aim for are 2054 and 2105, which align with the expected move from this setup .
This is a short-term trade idea, but monitor price action and volume for confirmation of the breakout. Additionally, consider any other technical indicators or tools that could further validate this setup.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risks and is not suitable for everyone. Always conduct your own research and consult with a financial advisor before making any investment decisions. The author is not responsible for any losses incurred.
KPIT TECH - Price analysis & observation1. Currently it is consolidating, if it breaks upside we can look for the marked targets.
2. No new entry as RRR is not favourable.
3. I'm holding it from the bottom and trailing the SL aggressively.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
KPIT Analysis! Ascending triangle!!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 profit.
Trading Psychology - Aggresive investors can initiate buy at current price level and Conservative investers can initiate buy above 945 levels.
Entry - Current Level or Above 945
Taregt - 1992.35
Stop Loss- Below 737.25
If you like my analysis please do boost and share. I want support from you guys to help our trading community to achieve an edge in Technical Analysis
Disclaimer - All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2)Do your own research and analysis 3)Define your Risk to Reward ratio 3)Don't trade with full capital
KPITTECH - good time to accumulateNSE:KPITTECH
cmp 1476
can be accumulated between 1640-1350 and be ready to hold for 3-4 months
keep a watch for weekly close above 1765
should do well above 1765
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
KPIT Tech might cross the resistance levelsKPIT Tech has been showing signs of bounching back up after some down moves and has formed an upward triangle pattern showing less signs of the fall. It seems that with the current strengh it can break the resistance levels of 1530.
If the breakout is supported by Good volumes then it can give us the levels of 1562-1593-1635-1671-1763 with the base levels of 1473-1406-1391.
Overall market conditions and volitality should be in favour to support its move.
No recommendations, Just my view based on chart pattern.
KPITTECH 'W' CHART PATTERNCMP 1540
1st Target 1610
2nd Target 1680
3rd Target 1725
Stop loss 1470
W Pattern in Stock Market:
W pattern in stock market is a technical analysis chart pattern that resembles the letter “W” and typically indicates a potential reversal in the direction of a stock’s price movement. This pattern consists of two consecutive troughs (low points) separated by a higher peak (high point) in between, forming the shape of a W .
KPIT - Strong consolidation breakout and Cup-handle pattern.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)
-Educational purpose.
KPITTECH Analysis & PredictionThis 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 breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About KPITTECH :
KPIT Technologies Ltd. engages in the provision of software for the automobile and mobility industry. It operates through the following geographical segments: Americas, UK and Europe, and Rest of the World. The company was founded by Shashishekhar Pandit, Kishore Parshuram Patil, and Sachin Dattatraya Tikekar on January 1, 2018 and is headquartered in Pune, India.
KPITTECH - Long Setup, Move is ON..NSE:KPITTECH
✅ #KPITTECH trading above Resistance of 1540
✅ Next Resistance is at 1715
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KPIT Tech hits record high ,surges 11% after raisingKPIT Tech hits record high, surges 11% after raising FY24 growth outlook
KPIT increased FY24 CC growth outlook to 37%+ from 27%-30% earlier and EBITDA outlook increased to 20%+ from 19%-20% earlier.
Shares of #KPITTechnologies hit a record high of Rs 1,249.95, as they rallied 5 per cent on the BSE in Tuesday’s intra-day trade in an otherwise volatile market after the company raised fiscal 2023-24 (FY24) growth outlook. In past two trading days, the stock has surged 11 per cent. In comparison, the S&P BSE Sensex was down 0.1 per cent at 64,051 at 09:311 AM.
#KPITTechnologies said it increased FY24 constant currency (CC) growth outlook to 37 per cent plus from 27 per cent - 30 per cent earlier. Earnings before interest, taxes, depreciation, and amortization (EBITDA) outlook increased to 20 per cent plus from 19 per cent - 20 per cent earlier.
KPIT TECH - On the verge of a BreakoutKPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 6000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate implementation of next generation mobility technologies.
In FY22, more than 80% of the revenues were derived from T-25 clients. The top-21 clients contributed ~82-85% of the company’s revenues, (83.8% in 9M FY2022) exposing it to concentration risks. However, the risk is mitigated to an extent with KPIT’s established relationships with its top global auto OEM clients and its niche offerings/technological capabilities in mobility solutions.
KPIT won a multi-million-dollar strategic engagement from a leading European Car Manufacturer in the Electric Powertrain domain. The total deal value is more than $ 50 million. Additionally, a leading European OEM selected KPIT as its key partner for next generation ECU. Renault Group selected KPIT as a strategic technology partner
Market Cap 19,740 Cr.
Stock P/E 62.2
Industry P/E 34.5
Dividend Yield 0.43 %
ROCE 24.1 %
ROE 21.5 %
Debt to equity 0.13
Free Cash Flow 406 Cr.
EPS 11.6
Classic Cup and Handle Formation. Breakout will take it higher in a short span of time.
RSI Breakout will happen soon.
Ride the Wave: KPITTECH- Breakout Signals Profitable OpportunityKPITTECH, 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 📊
When examining the daily timeframe, it's clear that the stock is holding above its breakout level with minimal volume, confirming the bullish outlook at retest of breakout.
Zooming in to the 75-minute timeframe, we observe a bullish RSI divergence, providing additional confirmation for a buy entry at the retest of the trendline breakout.
Moreover, analysing the volume on the 75-minute timeframe, we notice that the majority of bullish candles exhibit higher volume, surpassing the 50-day moving average of volume. This indicates a significant buying interest and reinforces the bullish setup.
Based on this analysis, we can plan our buy trade if the price surpasses today's high at 1067. Once the breakout is confirmed, we can enter the trade at 1069. To manage risk, it is recommended to place the stop loss below the previous swing low, around 1044, it's prudent to keep a buffer and set the stop loss at 1041. it's crucial to trail stop losses to secure profits as the trade progresses.
🔍 Educational Insights 🔍
Before concluding this analysis, let's clarify some technical terms used:
1. Breakout : This refers to a price movement that surpasses a key resistance level or trendline, indicating a potential shift in market sentiment and often leading to further price appreciation.
2. Volume : It represents the number of shares or contracts traded during a given time period. Analysing volume can provide insights into the strength or weakness of price movements.
Curious about volume? Check out my educational article on volume analysis that made it to TradingView's prestigious Editor's Pick:
3. RSI (Relative Strength Index) Divergence : RSI is a popular momentum oscillator. Divergence occurs when the price and RSI indicator move in opposite directions, indicating a potential trend reversal.
curious about RSI Divergence? Learn more in my educational article on Divergence, chosen for TradingView's Editor's Pick:
Remember, this analysis is for educational purposes only and does not serve as financial advice. As a reminder, I am not a SEBI registered analyst.
If you found this analysis helpful, please like and share your observations in the comments section below. Your feedback keeps me motivated to consistently provide valuable content. Don't forget to follow me on TradingView for more articles and trade setups. Let's connect and grow together! 😊📈
Follow me on TradingView for more: in.tradingview.com
"The only way to do great work is to love what you do."
KPIT Technologies Ltd - Drifting towards breaking trend lineAn india based global technology company focussed on automobile engineering and mobility solutions. Stock under strong resistance zone, Retested and bounced back . Respected the resistance line so many times .So if it bounce over from here , can expect a good movement.
KPIT TECHNOLOGIES : Resistance BreakoutAfter numerous rejections from the resistance, a breakout finally occurred.
The price is above the 200-day moving average.
Price is trending above its 20-day moving average.
The breakout candle has proper volume, so it can't be called a fake breakout.
Resistance Breakout in KPITTECH
KPIT Technologies Limited KPITTECH:- Cup and handle pattern has formed, don't plan until proper breakout is found, keep an eye till strong stock is there
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.