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52 week highs and all time highs strategy

KPIT – CASE (connected, autonomous, shared, electric) – Focused Automotive Play Untested – but worth a good look

This forum is for fundamental analysis but having so many people already discussing about how good the company is and it’s growth prospects for years to come, the charts are also showing the same picture in the short term. It seems, KPIT is forming a Rounding Bottom Pattern on a weekly time frame. The volumes in the bottoming period show consolidation and recent upturn is facilitated by huge delivery volumes and green candles. Now it has reached it’s previous highs of 750 and we can see some con…

I think KPIT is showing rounding bottom pattern and is near it’s 52week high.

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