Technologies
KPIT TECHNOLOGIES -- INVESTMENT PICKKPIT TECHNOLOGIES --DAILY CHART-- BIULLISH INDICATORS .
1. Trendline breakout seen on chart after correction from 800 sub level stock currently trading 30% discount from high level .. co in IT -midcap sector good performer stock Last quarter ..good pick for short-mid-long term as investment 1-2 years
2. stock seen Rounded bottom cup formation on chart which is bullish indication at current level
3. HULL suit techncial indicator seen bullish
4. from cuuernt CMP 597 stock can give 50-60% return in 1 year timeframe
BUY KPIT TECHNOLOGIES @ 597
TARGET 700-750-800 +
stop loss 500
** this idea is for educational purpose ^ trade at own risk .!
HAPPY TRADING !
Intense Technologies Ltd Weekly chart analysisAn incising triangle pattern has been formed.
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The stock has broken its resistance zone.
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Our targets are mentioned on the chart with green lines.
and Stoploss is mentioned with red lines.
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If the price sustains its resistance zone the may it will achieve our targets.
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Note: Do your analysis before taking any action and take responsibility for your action.
Could it be doing this? It's risky!CASTEX is trying hard to get fundamentals strong for the company well before the Electric Vehicle boom acts out in coming years.
No doubt its a very risky stock but what's the harm in watching what it's doing.
Observance develops patience and patience is the key for the market.