KPI GREEN Stock Plummets – All Short Targets Smashed in 15-MinKPI GREEN Stock Technical Analysis:
KPI Green on the 15-minute timeframe has completed its short trade with a clear break below the Risological dotted trendline, and all targets have been successfully hit.
Key Levels:
Entry: 811.55
Stop Loss (SL): 820.70
Target 1 (TP1): 800.25
Target 2 (TP2): 782.00
Target 3 (TP3): 763.75
Target 4 (TP4): 752.50
Observations:
The price respected the resistance offered by the Risological trendline and steadily declined.
Bears are in control, with the stock making lower highs and lower lows throughout the session.
The short trade played out perfectly for KPI Green, hitting all predefined targets. Watch for potential consolidation or further breakdown below TP4 for more opportunities.
KPIGREEN trade ideas
KPI GREEN Stock Long Trade Setup in 15m TF using RisologicalKPI GREEN Stock Long Trade Setup in 15m TF using Risological
Entry, Stoploss and profit targets are marked in the chart for your reference.
If the price sustains above the Risological trend line (dotted line), we will see a further move upwards.
This could potentially be a few days hold trade. So, plan accordingly.
KPI Green Short Setup on Daily Time frame using RisologicalKPI Green Short Setup on Daily Time frame using Risological
A very good short setup caught using the Risological swing trader.
The best thing about Equity trading in the daily time frame is the peace of mind revenue generation.
Ive been in the high-paced intraday trading in Options, made the best of all the opportunities and now out of that risky zone!
Iam very happy to have moved over to the equity trading in 1D timeframes.
Its not extremely slow like the value investing strategy, but it is not as fast as the intraday trading.
It is the sweet spot that helps you make the best of the short to mid term trend and you are out with your profits!
Beauty!
Technical Analysis of KPI GREEN Energy Ltd (KPIGREEN)Technical Analysis of KPI GREEN Energy Ltd (KPIGREEN)- Based on the chart history and current chart pattern, here's a technical analysis of KPI GREEN Energy Ltd (KPIGREEN):
Price Action and Support/Resistance Levels:
Downward Trend: The overall trend appears to be downward, as evidenced by the descending trendline and the price consistently breaking below previous support levels.
Support Levels: The levels around 941 and 900 seem to have acted as significant support levels in the past. However, given the current downward trend, these levels may be at risk of being breached.
Resistance Levels: The levels around 1013 and 1118 have acted as resistance levels, preventing the price from moving higher.
Technical Analysis Based on Indicators :
RSI (Relative Strength Index): The RSI is currently below 30, indicating that the stock is oversold. This could suggest a potential rebound, but it's important to consider other factors as well.
Fibonacci Retracements: The 0.236, 0.382, and 0.618 Fibonacci retracement levels have been drawn on the chart. These levels can be used to identify potential support or resistance areas.
Trading Strategy:
Wait for a reversal signal: Given the current downward trend, a conservative approach would be to wait for a clear reversal signal, such as a higher high and higher low formation, before considering entering a long position.
Monitor support levels: Keep an eye on the support levels around 941 and 900. If the price breaks below these levels, it could signal further downside.
Buy on oversold conditions: Some traders might consider buying the stock at the current oversold levels, hoping for a rebound. However, this is a riskier approach, and it's important to have a stop-loss in place to protect your capital.
Disclaimer: This analysis is based on the information available in the chart. It's essential to conduct further research and consider other factors, such as news, company fundamentals, and broader market conditions, before making any investment decisions. Do your own research because I am not SEBI registered person to suggest any stock and this is my personal opinion based on technical analysis
Thanks for your support as always
KPIGREEN : PENNANT FORMATIONNSE:KPIGREEN has recently experienced a significant bullish run, pushing its stock prices to new highs. Following this surge, the stock appears to be forming a classic pennant pattern, which is a continuation pattern often indicating that the prior trend will resume after a period of consolidation.
Breakout Potential: If NSE:KPIGREEN breaks above the upper trendline of the pennant with increased volume, it could signal the continuation of the bullish trend. Traders might look for a breakout above the resistance level as a buy signal.
Target Price: The height of the initial flagpole (the previous uptrend before consolidation) can be projected from the breakout point to estimate the potential upside target.
Stop Loss: To manage risk, consider placing a stop-loss order just below the lower trendline of the pennant. This helps protect against downside risk if the pattern fails and the price breaks below support. As always, proper risk management and due diligence are essential when trading pattern formations.
KPIGREEN - Daily Trendline testKPIGREEN testing the Daily trendline.
Recently reported profit JUNE quarter results; BEAT both REVENUE/PROFTS estimates.
Went long at 855 with a stop loss of 835 on daily candle close basis. Safe players can wait for back test of this Daily trendline and initiate longs if it holds.
Personally, I am looking towards 885/900 as long as the trendline is held
Trendline Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
