Kpit TechKpit tech formed a traingle pattern on hourly chart, wait for breakout with good volume. IT stocks all looking good
KPITTECH trade ideas
KPIT TECH Long Term StudyNSE:KPITTECH
Time Frame : Daily
View : Bullish for long Term
Observation:
Chart Pattern : Multiple Bottom
RSI : RSI Bullish Divergence
Trend : Trendline Breakout indicates Bullish move is in card
How to go Long ?
Buying Zone: 515 to 540
Trendline Breakout : @ 578
Buy @ > or = 580
Stop loss = 556
Support : 540
Target = 619 - 660 - 750 - 800 + + +
Breaout Level = 801.00
Note : In case of Retracement one can accumulate KPITTECH in between 515 to 540 with 4% stop loss.
KPIT : Breakout CandidateKPIT Technologies :
Breakout coming soon, can we 700 levels in the near term ?
BREAKOUT STOCKstock is ready for running
Expecting Good Bounce on this level
Keep buy and hold it for Big Target
KPIT: Target 711KPIT: Keep a close watch. Price breakout suggests change in trend towards higher side. Analysis given in the chart.
KPIT TECHNOLOGIES CONSOLIDATION BREAKOUT COMMING AFTER FALLkpit technologies after correction in entire it sector is ready for another up move. it is bouncing between its 200 and 100 day moving average , which means a big move is about to come . it is also forming a small symmetrical triangle formation whose breakout is about to happen. if you see then the candles at the bottom or during this base formation have been very small , which means after correction there is some halt in selling and probability is that the buyers may come into picture now. so this stock looks extremely bullish also because of broad based it sector rally , and by the way this stock is fundamentally very good because of electric vehicle sector.
KPIT took support at 38.2% Fib levels, gave breakout at 569KPIT took support at 38.2% Fib retracement levels from corona fall, Today it gave breakout at 569 after forming a base and W pattern. Bullish from here. First target should be atleast 620
KPIT is at support can give up to 80% returns good for Long termI will buy KPIT because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 470
Target : 870
Stop loss : 400
KPIT Tech - Bottomed outOne of the most popular IT stocks in Dec/Jan corrected post result.
Today it got some good demand in a correcting market.
The stock could break out of the descending triangle soon.
Long above 585. stoploss below 530.
KPIT Technologies : Price analysisShort term target of 662.
The stock can consolidate in the near term.
However, upward movement above 662, supported by volume, RS and price movement staying above the 21 EMA will help stock stay strong.
Always keep a stop loss of 5-8%.
What's up with KPIT?KPIT has delivered stellar returns to the investors in the past two years. Stock is currently trading at the support level of a Descending triangle pattern. If it closes below the 600 level, it can fall further to 500 levels. However, if it breakout from the pattern, it can reach its previously high levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
KPIT - Descending Triangle PatternLooks Good to go long after the trend line brekout. This analysis is for education purpose only. Consult your financial advisor before taking entry.
KPIT Technologies [Daily]The stock is currently consolidating after a massive bull run. However, the weekly timeframe has gone into a correction phase, reason why I have placed a second support line.
Should it break and close below Support 1 you can expect the stock to fall to values of ~537-540.
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!
KPITTECH at breakoutWatch #KPITTECH at breakout. Good entry at breakout. Struggling from past 4 days to break 662 zone also will test it's trendline as well the resistance.
KPIT - A very short swing idea in EV themeChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
Watch for Ressistance BOGood to go long above 387. However, it can also face a rejection. If the Breakout remains stable and daily closing is above 386, This will move further. Making HH and HL.
kpit box breakoutlooks bullish , box breakout on weekly chart
500 possible in a few weeks. for education purpose only.
KPIT on the move!!The stock is showing positive momentum and is expected to reach the targets marked on chart.
Phenomenal Run powered by Innovation and EV -> Niche player in Automobile based Embeded software
->Niche player in AUTOSAR
->Increased growth due to electrification of car
