Get started
KPIT TECHNOLOGIES LTDKPIT TECHNOLOGIES LTDKPIT TECHNOLOGIES LTD

KPIT TECHNOLOGIES LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

KPITTECH trade ideas

KPITTECH - RSI Divergence on major support/Demand AreaStock currently showing classical RSI Divergence case where price has made a Lower Low and lower high on Major support zone but at the same time RSI is making HH and HL. This can be a major turning point for stock to start up-moving only in case if it continues to make HH and HL. RSI divergence is just a price behavior indicator which give indication of demand at demand zone and a confirmation of is always needed to support this fact by stock behavior making HH and HL.
NSE:KPITTECHLong
by trade_opportunities
1
KPIT Technologies Ltd for Intraday 25th October #KPITTECH KPIT Technologies Ltd for Intraday 25th October #KPITTECH Resistance 1425. Watching above 1428 for upside movement... Support area 1400. Below 1400 ignoring upside momentum for intraday Support 1400.Watching below 1395 for downside movement... Resistance area 1420-1425 Above 1400 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
NSE:KPITTECHLong
by vichithra
KPIT TECH S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:KPITTECH
by zenthosh
NSE:KPITTECH Trendline and Resistance BreakoutTechnical Analysis: KPITTECH has recently demonstrated a bullish breakout above a significant trendline and resistance level, indicating potential for further upward momentum in the stock price. This breakout is reinforced by technical indicators and price action, suggesting additional gains are probable. Trendline Breakout: The stock had been consolidating below a long-term descending trendline for several weeks. Recently, KPITTECH broke above this trendline, indicating a potential trend reversal from bearish to bullish. The breakout occurred around the ₹1600 level, which had been a significant resistance point. Resistance Breakout: In addition to breaking the trendline, KPITTECH also surpassed a critical horizontal resistance level at ₹1620. This level had previously acted as a strong barrier, but the recent price action suggests that the bulls have taken control. Volume Confirmation: The breakout was accompanied by a notable increase in trading volume, providing additional confirmation of the bullish trend. This surge in volume indicates strong buying interest and enhances the reliability of the breakout. Potential Trade Setup: Entry Point: After a confirmed breakout above the ₹1640 level. Stop Loss: Below the recent swing low at ₹1610. Target 1: ₹1997 Target 2: ₹2030 RSI Analysis: The Relative Strength Index (RSI) is currently trending upwards, indicating increased buying pressure. The RSI remains below the overbought territory, suggesting there is still room for further price appreciation. Moving Averages: The stock is trading above its 50-day and 200-day moving averages, further confirming the bullish sentiment. The crossover of the 50-day moving average above the 200-day moving average (Golden Cross) adds to the bullish outlook. MACD Analysis: The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, with the MACD line crossing above the signal line. This crossover supports the bullish trend and the potential for higher prices. Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Trading stocks and other financial instruments involves risk and can result in significant financial loss. Past performance is not indicative of future results. Always conduct your own research or consult with a professional financial advisor before making any investment decisions.
NSE:KPITTECHLong
by profitpulsepro