KPIT TECH - SWING TRADE IDEA
1. Look like a rounding bottom pattern forming...
2. on the weekly timeframe, it breaks the downtrend and started retracing now.
3. Based on the rounding bottom pattern the target should touch the all-time high which is 725.
4. If falls it has strong primary trend support at 500 to 520...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
1. Look like a rounding bottom pattern forming...
2. on the weekly timeframe, it breaks the downtrend and started retracing now.
3. Based on the rounding bottom pattern the target should touch the all-time high which is 725.
4. If falls it has strong primary trend support at 500 to 520...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...