KPITTECH at make or break level.
#kpittech - At a crucial Support region.
- Fell out of the rising wedge with huge volume.
-Fell out of a base with huge volume. Implying a
potential stage 4
- Support zone tested several times.
- Stock used to trend smoothly taking support at 200
DMA. Which is broken now.
- 1300 levels are not held then the possibility of
testing 1K region.
Looking for reversal is now not wise. The market is sell on the rise. Any long-term investors itching to buy the dip can consider adding a very limited quantity at 1300 region.
As of now looks very weak. It would be great if we get it at 1K level. I am not a fan of short selling but if anyone is good at that then keep this on radar.
This is just a view please do not take a decision without consulting your financial advisors. Chart shared is just for educational purposes.
- Fell out of the rising wedge with huge volume.
-Fell out of a base with huge volume. Implying a
potential stage 4
- Support zone tested several times.
- Stock used to trend smoothly taking support at 200
DMA. Which is broken now.
- 1300 levels are not held then the possibility of
testing 1K region.
Looking for reversal is now not wise. The market is sell on the rise. Any long-term investors itching to buy the dip can consider adding a very limited quantity at 1300 region.
As of now looks very weak. It would be great if we get it at 1K level. I am not a fan of short selling but if anyone is good at that then keep this on radar.
This is just a view please do not take a decision without consulting your financial advisors. Chart shared is just for educational purposes.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.