IT stocks have been doing well recently. KPITTECH here has broken its downtrend. Retested the trendline as support. Looks ready for next leg up.
IT sector has had a brilliant time in last month or so. KPIT was super. The tide is turing now. 140 seems likely from current levels
PERFECT KBO BUY CMP 171 AND ADD ON DIPS TO AVERAGE RATE AROUND 165
A break below the lower trendline could take KPIT to 60. The bullish scenario would be a bounce up followed by a fall.