SHORT TERM DELIEVERYNSE:KPITTECH
BUY AT CMP OR ACCMULATE AROUND 240- 244
TARGET 260,280
STOP LOSS 220
KPITTECH trade ideas
KPIT - Step By StepKPIT - It has been breaking out in Step mode - breakout consolidation, breakout. Looking at 350+. SL is below 205.
DISC: Not a SEBI Regd. I post charts for my own study.
Bullish on KPIT (Daily)
- Breakout after a one month consolidation
- Above 20,50,200 EMA
- Volume Gain
- RSI breakout
Break-out at current levelMarket Cap₹ 3,981 Cr. Current Price₹ 145
High / Low₹ 150 / 34.4 Stock P/E31.0
Book Value₹ 40.0 Dividend Yield0.69 %
ROCE17.9 % ROE15.2 %
Face Value₹ 10.0 Industry PE22.4
Debt to equity0.22 EPS₹ 4.77
PEG Ratio
Promoter holding43.2 % Pledged percentage18.1 %
Return over 1year91.0 % ROE 3Yr% ROE 5Yr%
Kpit tech symmetrical triangleAfter a 2 .months correction kpit finally broke the resistance and started making a symmetrical triangle .
Upward move possible target 200
#KPITTECH Looks good for long.#KPITTECH on the verge of break out.
A break out with volume should give around 20-25% gain minimum.
LONG - KPITTECH Long can be taken Current Price 114.05 TGT 121-129.5 SL will 109.5.
Prev triangle brakout was good ride from 99
KPIT Hit the resistance todayToday KPIT just touched the 118 resistance and came down which was expected. This chart is showing hourly analysis of its upward trend for long position. This is for info purpose no buy/sell recommendation from my end.
Go Long touch 90accumulate KPIT touch 90 soon good volume and momentum chart give right position to go long
KPITTECH seems ready for next leg upIT stocks have been doing well recently. KPITTECH here has broken its downtrend. Retested the trendline as support. Looks ready for next leg up.
