KPITTECH trade ideas
KPITTECH is in retracement after Channel breakoutNSE:KPITTECH midcap broke out channel pattern on 2022-09-22 and is in retracement at channel resistance turned as support.
Pros:
Strong fundamentals and financials.
Consistent revenue and profit growth.
-ve net debt.
Consistent dividend yield.
Cons:
Continuous reduction in FII and DII holding.
High PE ratio.
Price above Intrinsic value.
Entry : Enter if price goes above recent high of 684 with strict SL.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
KPIT TECHNOLOGIES ROUNDING BOTTOM BOKPIT TECHNOLOGIES
Chart Time Frame: Daily
On Daily Basis Time Frame the Stock has given a Good Breakout of ROUNDING BOTTOM Pattern with Super Duper volumes and is on the Upward Trend on the Chart and Company is also Fundamentally & Technically sound and is working on a futuristic values, so one can keep as a Portfolio Stock also.
So as per the Chart Stock looks Good for Long Position for Short to Medium & Medium to Long Term as per the Levels given below:
CMP - 664.95 or BoD 635
Target 1 - 700
Target 2 - 765
Target 3 - 830 + + + + + +
SL - 557
Holding Time Frame - Short to Long Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
KPITECH STOCK Breakout on Daily time frame with huge volumeKPITECH Stock: Breakout happens at daily time frame with High Volume
CMP:664.95
Target: It can go up to 740 to 760 level
Stop Loss at 590
We can go for a buy once retest or buy conservatively
Disclaimer :this is only my analysis as per my knowledge. this is not a call.
Please do your own analysis before taking any trade or ask your financial advisor.
Thanks
INV H&S PATTERN - KPITTECH - EXCELLENT ENTRY AT CMPAll Levels marked on the chart.
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur on your trades based on my published idea
KPIT Tech - Long Position - Education Purpose OnlyHi There,
Considering the lower lows for last 2 years + higher highs for last 6 months, there is a breakout which has been identified. Please check the black trend lines which provides direction. Expecting 10% return in short term.
Note: This is for education purpose only. Please share comments or your thoughts.
Chinmay Jethwa