Kpit technologyEntry only above 600 or after watching what will happen from yellow line
This downtrend purely based on fear it can be understood from volume bars
KPITTECH trade ideas
KPIT decisive brokedownit has broke down 500 levels.
lets wait for weekly close for confirmation. if any rejection at 500 levels will open up 378 levels.
Doubletop Pattern at KPITTECHBe Cautious #doubletop #Pattern (trend reversal ) at #KPITTECH weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom
Will you Buy it now?Stock witnessed tremendous buying from huge gap down and closed with huge green candle. Volume and RSI in support but closed near Resistance zone. Will you buy now or wait further? Share your answer in comment section.
KPIT Technologies - Break out zone to look for...Currently the price is in a narrow price range. Good buy range between 608 and 623.
Follow strict stop loss of 5-8%, depending on your risk management.
Can also see formation of ascending triangle pattern and breakout above 608.
Targets of 675, 743 and 801 are placed at key support and resistance zone.
Bullish above 801 and can see probable target of 1260 in the long term.
Read my previous analysis here:
Rising Triangle formation in KPITTECHKPITTECH chart is forming a rising triangle after a good retracement.
Rising triangles are theoretically supposed to breakout to the upside and continue the price higher but practically you'll find many examples where it breaks down below the rising trendline.
on the upside, the price is getting rejected on horizontal resistance and forming hammers/spinning tops.
Wait for it to break on either side to take a trade. if it breaks to the upside, one should wait for a retest of the trendline.
KPITTECH | Ready for 25% Move ???NSE:KPITTECH
Cmp : 623
Closing Above 635 will give 25% + Move
#Study, Learn & Earn.
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KPIT looks good for swing trade. KPIT looks good to me for swing trade. Target +20% in short duration.
KPIT looks goodChart -> KPIT Tech 4 hours
Volatility Contraction Pattern breakout above 608 in KPIT has been given by the stock.
CMP: 623
Target 1: 675
Target 2: 735
Stoploss: 568
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
KPIT TechKPIT Tech :
Looking Good for a Breakout
Ascending Triangle as well as Trendline breakout possibility
Kpit TechKpit tech formed a traingle pattern on hourly chart, wait for breakout with good volume . IT stocks all looking good
#KPITTECHStock is in uptrend.. Consolidation and reversal from Fibo 0.5 level.. Target 800/ New ATH soon.. Range breakout
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 !
Kpit TechKpit tech formed a traingle pattern on hourly chart, wait for breakout with good volume. IT stocks all looking good
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
