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
KPITTECH trade ideas
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.
======
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
All time high in KpittechAll time high in Kpittech
Detailed analysis given on the chart
NSE:KPITTECH
Buy above 620 SL 595 TGT 632 and 660Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Long KPITTECH for short term.Chart says everything. Please go through your analysis also this is only for educational purpose.
KPIT Cmp 539 dated 24.12.2021KPIT Cmp 539 dated 24.12.2021
1. Flag Pattern on chart BO above 535
2. RSI also have flag Pattern which already
have done BO.
3. Volume BO
Buy for a tgt of 600-650 SL 505
It is just a view, pls trade at your own risk.
Kpit Tech View - PositionalKPITTech :
Positional View
Looks good, need to sustain 550
Add in dips till 545
SL 520
KPIT We can buy KPIT ABOVE 545 OR 550 KEEP SL 520 TGT 600
its completely Tukka its only for education purpose. its only 1% success rate 99% loses chances. I am not sebi registered so first ask to your sebi registered advisor.
