Exploring the charts of KPIT Technologies reveals an exciting trade opportunity. Let's break it down for both novice and experienced traders.
Current Dynamics ๐:
Trade Strategy ๐:
Final Thoughts ๐:
This trade on KPIT Technologies is not just good; it's exceptional. With reactions from multiple time frames and a compelling risk-reward ratio, it deserves a spot in your trading radar.
Trade Wisely, Trade Well! ๐นโจ
Disclaimer ๐จ:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.
Current Dynamics ๐:
- LTF (25 min): KPIT is dynamically reacting in the 25-min demand zone.
- ITF (75 min): A robust response from the 75-min demand zone, signaling strength. The 75-min trend is upward, presenting an optimal trading environment.
- HTF (Daily): The daily chart echoes the upward trend, reacting from the Rally Base Rally (RBR) zone โ a promising scenario.
Trade Strategy ๐:
- Entry: Consider planning your entry at the current market price (CMP).
- Target: Set your sights on the 75-min Intermediate Time Frame (ITF) supply zone with a Drop Base Drop (DBD) structure.
- Risk-Reward Ratio: Expect a favourable ratio of more than 1:2, aligning with smart risk management.
Final Thoughts ๐:
This trade on KPIT Technologies is not just good; it's exceptional. With reactions from multiple time frames and a compelling risk-reward ratio, it deserves a spot in your trading radar.
Trade Wisely, Trade Well! ๐นโจ
Disclaimer ๐จ:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Access the powerful Demand and Supply Zone Pro indicator at:
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.