KPIT Technologies Ltd. provides software for the Automobile and Mobility Industry. It operates through the following segments: Product Engineering Services and Product Organization.
-- 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 Technologies looks weak in Daily charts. KPIT rallied along with the support of other IT majors.
22 points profit booking already done in the past 10 days.
Money Zone is around 90-100
All Time resistance is at 117. If it respects the line, it can fall up to 100 and further to 90 and will oscillate in the 90-100 range.
Watch out for any news that...
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.