Kpit tech looking bullish,Recently it breaks the all time high and sustained above that.
and if look its previous price action we can see there is a cup and handle pattern on daily and weekly chart.
So our target can be 1047.50 according to his cup depth,Which is almost 17% up from current levels.
and the stop loss can be somewhere below all time high support zone ( as per closing basis).
THE IDEA IS FOR EDUCATIONAL PURPOSE,TRADE AT OWN RISK...
and if look its previous price action we can see there is a cup and handle pattern on daily and weekly chart.
So our target can be 1047.50 according to his cup depth,Which is almost 17% up from current levels.
and the stop loss can be somewhere below all time high support zone ( as per closing basis).
THE IDEA IS FOR EDUCATIONAL PURPOSE,TRADE AT OWN RISK...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.