Long Target 147 above that BO if sustain with volume Sl 126
Risk reward Favourable
KPIT Long target 137,140 SL 131
ENTRY :125-130 range
Target : 170-180
KPIT SYSTEMS IS excellent swing trade opportunity with 32 % Poential upside with max 5% downside if stoploss is hit.
which is a risk reward ratio of 1:6
A break below the lower trendline could take KPIT to 60. The bullish scenario would be a bounce up followed by a fall.