63 moons technology stocks in making a different pattern having big resistance above 400 if stock closed above that level on monthly basis then there will be positive indication that price will move in north.
KPIT 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...
An 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.
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.
