KPIT TECHNOLOGIES – Technical Stock Report

KPIT TECHNOLOGIES – Technical Stock Report
CMP: ₹497.60 | Trend: Bearish, with a short-term recovery attempt
Technical View: KPIT Technologies remains under selling pressure after a prolonged decline. The latest green candle suggests a possible short-term bounce from the ₹470–₹480 zone. However, the broader trend remains weak, and sustained buying is needed to confirm a reversal.
Support: ₹495, ₹480, ₹470
Resistance: ₹520, ₹533, ₹545
Targets: ₹520 → ₹533 → ₹545
Risk: A sustained break below ₹470 may lead to further weakness toward ₹446.
Trading View: A sustained move above ₹520–₹533 with volume confirmation may improve bullish momentum. Failure to hold ₹480–₹470 could renew selling pressure. Monitor price action before taking any position.
For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊