KPIT 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%...
Stock Name - KPIT Technologies Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 735
#This is not Buy and Sell recommendation to any one. This is for education...
Simple Price Action
Formed a trend line support from June and respecting the levels.
Gave a breakout , took the retest and again broke the weekly candle high with High volumes.
In entire IT pack which is struggling right now, KPIT Tech looks strong on daily & weekly TF. Any retracement towards 612-620 zone will provide good opportunity to enter. RSI, ADX both are strong on daily & weekly TF so I would be looking for opportunity to enter. Entry in the zone of 612-620 with targets 1) 720 2) 790 and SL of 599 on weekly basis will be my...
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...