KPITTECH trade ideas
KPIT LONGIt was consolidating for a long time now after giving a breakout it has retraced back and again continuing its uptrend, One can go long as it can create new highs as there is no resistance above current levels except from where it reverses back that is somewhere around 176 levels
KPITTECHPoints 1 & 2 marked on RSI are forming a Hidden Bullish Divergence.
Same points are marked on the price chart and extended the line, marked as A
At point 3, candle has taken the support on extended line A
Also we can see that price has formed a rectangle box pattern makred in green and has given a BO from that channel
BO is supported by very good volumes.
Holding 130 as a SL, stock is good to enter on retest or pullback.
KPITECH - BreakOut in both Daily and weekly TFKPITECH - today gave good BO in both daily and weekly TF.
Now at ATH, if the market supports it can give a good upmove in the coming days.
#KPITTECH Saucer with handle breakoutEarlier breakout was with cup and handle.
Now again breakout with sauce and handle.
It was a good opportunity.
#KPITTECH
KPITTECHCup & Handle Pattern Visible on Daily timeframe , may see tgt of 170
Abv 155-156 Easy 170+
Also BO with high Volumes
Above Chart is for Study Purpose Only....
Breakout in KPIT TechnologiesFlag pattern breakout on daily chart. can be taken as short term or swing trade at CMP.
KPITTECH shows a promising future. Good fundamentals as well.A promising future due to Govt's view on EV segments, a strong business model with clients such as BMW (source Wikipedia).
My analysis for reference and study, invest only after an analysis from your side. This is not investment advice.
The stock has been consolidating for a while on the upside, a good volume has been on the spike recently.
A strong bullish movement expected towards the upside if 140-142 levels are held.
GOOD R:R TRADEPrice near support & previous breakout area.
can go long above 136 with SL below 129 for targets of 147 162.
Holding time 1 - 2 weeks
#KPITTECH BO above Weekly CUP & HANDLE Pattern#KPITTECH BO above Weekly CUP & HANDLE Pattern
Details in chart.
NSE:KPITTECHDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
KPITTECH, FLAG PATTERN BREAKOUT WITH VOLUMEKPITTECH has formed classic flag pattern and looks good above 144.2 on Monday.
Trade with caution (& smaller position sizing) due to budget volatility.
Thanks
Piyush Gupta
Learn & Earn
KPITTECH | CHART#12KPIT Technologies Ltd. provides software for the Automobile and Mobility Industry. It operates through the following segments: Product Engineering Services and Product Organization.
*Stock Analysis*
-- Short-term trend of the stock is positive where it is trading above its 20-day SMA
-- Good Demand Zone in the range 90-100
-- RSI Indicator above 50(on Daily chart) shows a buy sign
-- Once it touch 120 level there is a possibility of retracement to 100 levels
*Important Levels to Watch*
-- Entry @ CMP or on dips
-- Target @ 120
-- SL @ 98.5
Good Luck Investors❗
-GokulHari
KPIT Tech Breakout above all time highKPIT Tech has given a breakout above its all time high. After the breakout retest has also been done. One can go long at CMP for a target of 160-170.
*only for educational purposes.
KPIT TECH SWING LONG, ENTRY -125 , STOP - LOSS -118, TARGET -140NOTE : CONSULT WITH YOUR TRADING ADVISOR BEFORE TAKING ANY TRADING DECISION.
