neelesh_gupta94
Long

KPIT Long Study

NSE:KPIT   None
NSE:KPIT has been constantly taking support at its 50 Day EMA for the past 1 year now.

It has provided so many opportunities for entry and its once again at its 50 Day EMA which has acted as a strong support level .
it is also trading at a Trendline if we see the Weekly chart.

I continue to be long till the time it breaches its long term support which is its 50 Day EMA .
Comment: It has broken its 50 Day EMA and since hasn't broken back above it.
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