KPITTECH - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.9

Here’s a detailed technical analysis of KPIT Technologies Ltd (KPITTECH) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bearish

Price Action: Trading below both 50 DMA (₹1,284) and 200 DMA (₹1,353) — confirms short-term and medium-term weakness.

52W Index (22.0%): Price is significantly off its 52-week high (₹1,921), indicating a steep correction.

📈 Momentum Indicators

RSI (37.8): Weak — approaching oversold territory, but not yet signaling a reversal.

MACD (-21.2): Strongly negative — confirms bearish momentum and lack of buying strength.

Volume: Well below 1-week average — suggests declining interest and low conviction.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — hints at oversold conditions and potential short-term bounce.

Beta: High volatility — price may react sharply to sentiment or news.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 1,180–1,200 (recent base)

Strong Support 1,021 (52-week low)

Resistance 1 1,284 (50 DMA)

Resistance 2 1,353 (200 DMA)

Resistance 3 1,450–1,500 (gap zone)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,180–₹1,218 (if price stabilizes and RSI shows divergence)

Exit / Profit Booking: ₹1,284–₹1,350 (if price rebounds toward moving averages)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest caution.

Trendline: Price breaking below key averages — no bullish crossover yet.

Consolidation: Possible near ₹1,180–₹1,218 zone — watch for volume spikes or RSI divergence.

Would you like to compare this with other IT consulting stocks showing stronger setups or explore potential reversal candidates? I’ve got a few that might be worth your radar.

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