KPITTECH - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.5
| Stock Code | KPITTECH | Market Cap | 21,094 Cr. | Current Price | 772 ₹ | High / Low | 1,434 ₹ |
| Stock P/E | 35.8 | Book Value | 82.8 ₹ | Dividend Yield | 1.10 % | ROCE | 33.2 % |
| ROE | 27.9 % | Face Value | 10.0 ₹ | DMA 50 | 757 ₹ | DMA 200 | 974 ₹ |
| Chg in FII Hold | -0.32 % | Chg in DII Hold | -0.70 % | PAT Qtr | 147 Cr. | PAT Prev Qtr | 87.6 Cr. |
| RSI | 60.5 | MACD | 9.03 | Volume | 13,69,139 | Avg Vol 1Wk | 18,49,568 |
| Low price | 625 ₹ | High price | 1,434 ₹ | PEG Ratio | 1.27 | Debt to equity | 0.07 |
| 52w Index | 18.1 % | Qtr Profit Var | 11.3 % | EPS | 19.9 ₹ | Industry PE | 21.0 |
📈 Chart Patterns: KPITTECH is recovering from its recent low (625 ₹) and showing higher lows. Trendlines suggest a bullish reversal attempt with resistance near 974 ₹ (DMA 200).
📊 Moving Averages: Current price (772 ₹) is above DMA 50 (757 ₹) but below DMA 200 (974 ₹), indicating short-term strength with medium-term resistance.
📉 RSI: At 60.5, RSI reflects bullish momentum but not yet overbought.
📌 MACD: Positive at 9.03, confirming upward momentum and trend continuation.
📈 Bollinger Bands: Price is mid-band, suggesting balanced momentum with room for expansion.
🔎 Volume Trends: Current volume (13.7 lakh) is below average (18.5 lakh), showing moderate participation and requiring stronger conviction for breakout.
🎯 Momentum Signals: Bullish bias supported by MACD and RSI strength. Price above DMA 50 confirms short-term uptrend.
📍 Entry Zone: 755–770 ₹ (support near DMA 50).
📍 Exit Zone: 880–920 ₹ (resistance cluster before DMA 200).
📊 Trend Status: Trending upward with recovery momentum; reversal confirmed only if sustained above 974 ₹.
Positive
- Quarterly PAT growth (+11.3%) from ₹87.6 Cr. to ₹147 Cr.
- Strong ROCE (33.2%) and ROE (27.9%).
- EPS at ₹19.9 with consistent growth.
- Price supported by DMA 50 and MACD strength.
Limitation
- Price still below DMA 200, showing medium-term resistance.
- Volume participation weaker than average.
- High P/E (35.8) compared to industry average (21.0).
Company Negative News
- FII holding reduced (-0.32%).
- DII holding declined (-0.70%).
Company Positive News
- PAT improved significantly (+11.3%).
- Strong ROCE and ROE support fundamentals.
- Dividend yield of 1.10% adds shareholder value.
Industry
- Industry PE at 21.0, lower than KPITTECH’s P/E, showing premium valuation.
- Sector momentum positive with 52-week index at 18.1%.
Conclusion
⚖️ KPITTECH is trending upward with strong short-term signals. Entry near 755–770 ₹ offers favorable positioning, while exits around 880–920 ₹ capture resistance levels. Fundamentals remain strong, but premium valuation and weaker volume warrant cautious optimism until price sustains above DMA 200.
Would you like me to extend this into a swing trade setup with holding periods and stop-loss levels, or a fundamental overlay integrating valuation and growth metrics?