KPIT TECH - Long-term Analysis

KPIT TECH - Long-term Analysis

1. Breaks primary trend downwards, is a negative sign.
2. Now in a long unwinding phase.
3. Waiting for the breakout movement.
4. If it breaks upward means I have sudden resistance/support point at 570.
5. Only positive when the stocks open and close above 570.
6. Otherwise I will be in negative sentiment for a long time.
7. Next support is at 450 and 370 respectively.

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