Short KPIT - Double Top + Evening Star

٢٧ أكتوبر ٢٠١٧

KPIT has a high PEG ratio of 1.48. This means the fair value of the stock is around Rs 100.

Technically, it is forming Double Top + Evening Star.

Good candidate for short if the next daily candle opens below today's low.

Target T1: 127
Target T2: 115
Long Term Target: 108
SL: 139.5 (Today's high)