radha_23

KPIT - Ascending Triangle + Cup & Handle Breakout

Long
NSE:KPITTECH   KPIT TECHNOLOGIES
๐Ÿ“Š Script: KPIT (KPIT TECHNOLOGIES LIMITED)
๐Ÿ“Š Nifty50 Stock: NO
๐Ÿ“Š Sectoral Index: NIFTY500
๐Ÿ“Š Sector: Information Technology
๐Ÿ“Š Industry: Computers - Software & Consulting

Cup & Handle Breakout

Key highlights: ๐Ÿ’กโšก

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ MACD is giving crossover.
๐Ÿ“ˆ Double Moving Averages is also giving crossover.
๐Ÿ“ˆ Volume is increasing along with price.
๐Ÿ“ˆ Script is giving Trendline + Ascending Triangle + Cup & Handle Breakout as shown in chart.
๐Ÿ“ˆ Current RSI is around 67.
๐Ÿ“ˆ One can go for Swing Trade.


โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 605
๐ŸŸข Target ๐ŸŽฏ๐Ÿ† - 684
โš ๏ธ Stoploss โ˜ ๏ธ๐Ÿšซ - 574

โš ๏ธ Disclaimer: DowJones & NASDAQ futures down more than 1% due to US. AUG INFLATION AT 8.3 % V 8.1 % EST. Take position according to your comfort level and conviction.

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!๐Ÿฅ‚

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