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adarshmanojsingh

KPIT TECHNOLOGIES CONSOLIDATION BREAKOUT COMMING AFTER FALL

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KPIT TECHNOLOGIES (NSE:KPITTECH)  
adarshmanojsingh  
NSE:KPITTECH   KPIT TECHNOLOGIES
Chart Patterns Technical Indicators Trend Analysis KPIT breakout baseformation turnaround bigmove Symmetrical Triangle support bounceback returns
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chartpattern indicator trendanalysis kpit breakout baseformation turnaround bigmove symmetricaltriangle support bounceback returns
kpit technologies after correction in entire it sector is ready for another up move. it is bouncing between its 200 and 100 day moving average , which means a big move is about to come . it is also forming a small symmetrical triangle formation whose breakout is about to happen. if you see then the candles at the bottom or during this base formation have been very small , which means after correction there is some halt in selling and probability is that the buyers may come into picture now. so this stock looks extremely bullish also because of broad based it sector rally , and by the way this stock is fundamentally very good because of electric vehicle sector.
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