KPITTECH - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.0

Here’s a detailed technical analysis of KPIT Technologies Ltd. (KPITTECH)

📊 Trend Overview

Current Trend: Reversing with bullish momentum

Price is trading above the 50-DMA (₹1,245) but slightly below the 200-DMA (₹1,316), indicating a transitional phase.

RSI at 65.3 suggests strong momentum, nearing overbought territory.

MACD at 15.0 is bullish, confirming upward momentum.

Volume is significantly above average, indicating strong buying interest.

📈 Moving Averages

50-DMA: ₹1,245 — Short-term support.

200-DMA: ₹1,316 — Immediate resistance.

Price Action: Current price of ₹1,305 is sandwiched between the two DMAs, suggesting a breakout setup.

📉 Momentum Indicators

RSI (14-day): 65.3 — Bullish zone, but approaching overbought.

MACD: 15.0 — Bullish crossover, momentum building.

Volume: 21.8 lakh vs 1-week avg of 11 lakh — Strong volume surge, confirming trend strength.

📊 Bollinger Bands

Price likely near upper band — signals strength and potential breakout.

No squeeze pattern, but volatility expansion favors continuation.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,245 50-DMA, short-term support

Support 2 1,200 Psychological support

Resistance 1 1,316 200-DMA, immediate resistance

Resistance 2 1,375–1,400 Trendline resistance zone

🎯 Entry & Exit Zones

Optimal Entry: ₹1,245–₹1,265 — On pullback near 50-DMA.

Exit Zone: ₹1,375–₹1,400 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Strong — MACD bullish, RSI rising.

Breakout Potential: High — Volume supports continuation.

Bias: Bullish — Watch for breakout above ₹1,316 with volume confirmation.

🧭 Summary

KPITTECH is currently reversing from a prior downtrend and showing strong bullish momentum. Price action above the 50-DMA and a rising RSI and MACD suggest a potential breakout. Traders may consider entering near ₹1,245–₹1,265 and targeting ₹1,375–₹1,400 for exits. A breakout above ₹1,316 with volume could confirm trend continuation.

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