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.
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.