KPIT TECH TGT 1600-1630-1672 SL 1480-1515 ZONE
Güncellendi
KPIT Technologies Ltd. is an interesting stock with following
FUNDAMENTALS
Company is expected to give good quarter
Company has delivered good profit growth of 49.4% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Company has been maintaining a healthy dividend payout of 30.1%
TECHNICALS.
1. RSI on daily/Monthly above 60
2. Ascending Triangle on Daily chart
3. Rising trade and delivery quantity
4. Price taking support at 20 SMA daily/ weekly i.e. 1500-1515 respectively
5. Major 50 DMA support at 1486 zone
Can be a good risk and reward for buy on dips and dips only with stop loss in zone of 1480-1500 and for next resistance at 1600-1672 levels.
Lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
FUNDAMENTALS
Company is expected to give good quarter
Company has delivered good profit growth of 49.4% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Company has been maintaining a healthy dividend payout of 30.1%
TECHNICALS.
1. RSI on daily/Monthly above 60
2. Ascending Triangle on Daily chart
3. Rising trade and delivery quantity
4. Price taking support at 20 SMA daily/ weekly i.e. 1500-1515 respectively
5. Major 50 DMA support at 1486 zone
Can be a good risk and reward for buy on dips and dips only with stop loss in zone of 1480-1500 and for next resistance at 1600-1672 levels.
Lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
İşlem kapandı: hedefe ulaştı
trading way above its target
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.