A perfect place to To look for a study this chartVery powerful Moto technical share try to turning up from the strong support. Don’t think so this sahre want to go more down, have a look for a study purpose
KPITTECH trade ideas
Go to buy on retest Very lucky this type of share can find 7% down in a one day This share came for retest On strong resistance as a support so steady this chart
KPITTECHThe stock is moving into the next orbit after some re-accumulation, a nice spring / Shakeout. All supporting parameters are positive as evident from the chart. The stocks looks ready to move much higher.
KPIT TECHNOLOGY NEAR ITS BREAKOUT KPIT TECHNOLOGY it's on it's break out if it is cross the break out level we can see up move of 100 rupees in near term as good as 500 rupees stock will go till 2050 in near few weeks weeks
KPIT, very new for me to knowIt has got a good consolidation,
No reason to not to break all time best.
Good volumes are flowing
Checked 1500 consecutively for two days.
Once closes above 1500 then next target will be above 1600.
Very positive in my view.
by the way now its above 9EMA as well
Potential mover after Rest #KPITStock is ready to move further after the block buster move in IT Large cap.
Stock is from the Mid Cap IT Sector already shown its strength to move earlier. After a rest/consolidation it shows the first sigh to move up last Friday.
KPIT Tech Long Weekly ChartKPIT has given a strong breakout after a formation of cup & handle patter. It continuously consolidate for short range and gives breakout which indirectly formed a HH & HL pattern on chart.
Now after making a ATH of 1640 it retrace for 3 weeks and formed inside candles.
Now it has given a volume breakout and closes above previous two week price levels.
A buy call can be initiated as its on good risk reward ratio.
above 1520
invalid below 1415
KPIT TECH#CUP AND HOLDER Breakout on weekly chart .KPIT TECH CMP 796. Buy for the target of 861/891/1000.SL Below 780.
📈 Unveiling KPIT Technologies Trade Opportunity! 🚀Exploring the charts of KPIT Technologies reveals an exciting trade opportunity. Let's break it down for both novice and experienced traders.
Current Dynamics 📊:
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 – a promising scenario.
Trade Strategy 📈:
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 🚀:
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! 💹✨
Disclaimer 🚨:
This analysis is for educational purposes only. I am not a SEBI registered analyst. Trade responsibly.
Learning the Ropes: Shortening of Thrust (SOT)Hello, traders! Today we're going to discuss an important technical analysis technique that can help you spot potential trend reversals - the Shortening of Thrust (SOT). This method can be a game changer for new and experienced traders alike. Let's dive in!
🔎 What is Shortening of Thrust (SOT)?
Shortening of Thrust (SOT) is a technique used to identify potential reversals in a trend, this technique is a part of Wyckoff and VSA theory.
It is based on the observation that the strength of a trend tends to weaken as it approaches a reversal point.
This weakening is often evidenced by a shortening of the thrusts, or strong price moves, that characterize the trend.
How to Spot SOT
To spot SOT shortening of thrust, you can follow these steps:
Identify the current trend. This can be done by looking at the overall direction of the price action. For example, if the price is making higher highs and higher lows, then the trend is up.
Identify the previous swing high
Calculate the thrust of the current move. This is done by subtracting the previous swing high from the current swing high or low. For example, if the current swing high is 100 and the previous swing high is 80, then the thrust of the current move is 20.
Compare the thrust of the current move to the thrust of previous moves in the same direction. If the thrust of the current move is shorter than the thrust of previous moves, then this is a sign of SOT shortening of thrust
For example, let's say that the price is in an uptrend and you identify the following swing highs and lows:
Swing high: 100
Previous swing high: 80
2nd last Previous swing high : 60
The thrust of the current move is 100 - 80 = 20. The thrust of the previous move is 80 - 60 = 20. Since the thrust of the current move is the same as the thrust of the previous move, there is no sign of SOT shortening of thrust.
However, if the next swing high is only 110, then the thrust of the current move would be 110 - 100 = 10. This is shorter than the thrust of the previous move, which was 20. This would be a sign of SOT shortening of thrust.
distance between the current swing low and previous swing low in a downtrend can be used to measure thrust . To do this, simply subtract the previous swing low from the current swing low. The result is the thrust of the current move.
Spotting SOT in Higher Time Frames
In an uptrend, if the distance between the high of the previous candle and the high of the current candle decreases, it might signal an upcoming SOT.
Conversely, in a downtrend, if the distance between the low of the previous candle and the low of the current candle decreases, we may be witnessing an SOT.
To illustrate, consider this example:
In this chart, we see an uptrend with each high of the candles getting progressively closer to the next, indicating an up thrust. This signals an SOT and a subsequent reversal of the trend.
📊 Using SOT in Trading
SOT can be used to identify entry points for trades against the trend.
Traders can use SOT to identify entry points for trades against the trend. For example, a trader might identify a SOT in an Downtrend and enter a long position in anticipation of a reversal.
It's crucial to use SOT in conjunction with other technical analysis tools and confirmation signals before making any trading decisions.
Here are some additional tips for spotting SOT:
Look for SOT in areas where there is other evidence of trend weakness, such as overbought or oversold conditions or divergences between price and momentum indicators.
Use SOT in conjunction with other technical analysis tools and confirmation signals before making any trading decisions.
Be aware that SOT can sometimes be false signals, so it is important to have a trading plan in place to manage your risk.
Conclusion
Shortening of Thrust (SOT) is a potent tool in a trader's arsenal, helping to identify potential reversals in a trend. However, remember that it's not a perfect indicator and should be used in conjunction with other technical analysis tools and confirmation signals before making any trading decisions.
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Kpit : exit longNSE:KPITTECH Booked profit , on weekly chart probable double top with engulfing candle.
KPIT Tech may take a fall due to raising wedge the general rule for raising wedges give some price drops ,looking into the pattern it is imminent a drop can take place in coming days..
Rsi is making divergence ,wrt price and volumes are exhausted.
Catch the opportunity High strength with good consolidation
Stock showing strength
1:2 -3 target
Stop loss 5 percentage
KPITECHThe stock has been in the channel for some time and now has given a good breakout. Considering the previous trend it shows good strength.
KPIT Technologies Trend AnalysisExpecting a fall from 1000-1050 levels
Stay cautious.
Do your own studies before taking any action.
Peace!!
KPIT a Good buy around 700-720KPIT a very stock with good fundamentals ...can be bought around 700 - 720.
KPIT TECH long setup for swing tradingKPIT TECH has broken resistance trend line and closed above recent swing high, now making higher highs on weekly timeframe.
Closed above 50% fibo retracement level.
Long above 575, targets are 600, 630, 650, 670, 700+, SL 510.
-Saptarish Trading
ALL TIME HIGH BREAKOUT+RETEST+CONTINUTION IN KPIT TECHKpit tech looking bullish,Recently it breaks the all time high and sustained above that.
and if look its previous price action we can see there is a cup and handle pattern on daily and weekly chart.
So our target can be 1047.50 according to his cup depth,Which is almost 17% up from current levels.
and the stop loss can be somewhere below all time high support zone ( as per closing basis).
THE IDEA IS FOR EDUCATIONAL PURPOSE,TRADE AT OWN RISK...
KPITECHNSE:KPITTECH
GOOD ONE ! Enter at EOD !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
KPITTech gave Flag and pole breakout.KPITTech gave Flag and pole breakout.
One can enter now or after retest.
Entering now: 852
SL: 800
Target1: 900
Neat & Clean Breakout in KPIT Tech.Hello traders,
I have brought again one of best it sector Gem which can make you millionaire if you hold for a decade,,,best fundamental company and best management..best business model..We have seen a neat and clean proper break out in this Gem. We can assume this is now gonna to make another highs in coming days and price can move towards 900+ level..this is best stock if someone wants to hold for long term. for short term my target will be 900+ and stop loss will be 755. You can buy from current level to 817-800 this level and hold for our target price. Again i am gonna to suggest you this is not a short term gaining stock,,this is kinda invest and forget type stock..well it is up to you.
Market Cap
₹ 22,404 Cr.
Current Price
₹ 817
High / Low
₹ 830 / 440
Stock P/E
64.4
Book Value
₹ 50.8
Dividend Yield
0.38 %
ROCE
24.1 %
ROE
21.5 %
Face Value
₹ 10.0
Debt
₹ 186 Cr.
EPS
₹ 12.7
PEG Ratio
Promoter holding
40.1 %
Intrinsic Value
₹
Pledged percentage
0.82 %
EVEBITDA
35.1
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