KPIT made a sharp increase as expected and it did that inspite of Nifty losing nearly 100 points on board. In my previous post I had mentioned that KPIT is more likely to give a DOJI sign and it did exactly that.
I had posted before during mid day that a move upward is possible and even though it did not break 116.85 on the upper side it however went close to 116.2 during the latter half.
We can clearly see that trend got reversed once 113.85 got hit at the bottom and then there was a slight uptrend with 114.2 holding tight with good support there and from thereon second half we saw KPIT steadily going up with Nifty losing points heavily because of negative news flow on rupee reform package
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