KPIT Rounding Bottom Continues Rally of Failed H&S Pattern

Logical Buy Projection

Trend Context

• Strong trend change confirmation after Rounding Bottom.(Near Term)
  
• Inverse H&S pattern indicates a bullish reversal structure.(Failed to breakout)
  
• Volume supports accumulation in the demand zone.
  
  Entry Zone
• Around ₹1,280–₹1,300 (CMP, near breakout of rounding bottom neckline).
  
• Safer entry on retest of ₹1,244–₹1,260 (demand-supported zone).
  
  Targets
  
  Target 1: ₹1,350 (near-term supply retest)
  Target 2: ₹1,427.50 (chart projection / neckline breakout target)
  Extended Target: ₹1,500+ if momentum sustains (continuation after H&S breakout).
  
  Stop-Loss (SL)
• Conservative SL: Below ₹1,167 (demand invalidation).
  
• Tight SL (for traders): Below ₹1,244 (last support zone).
  
  Summary Projection
• Buy Zone: ₹1,280–₹1,300
  
• Stop-Loss: ₹1,167 (safe) / ₹1,244 (tight)
  
• Targets: ₹1,350 → ₹1,427.50 → ₹1,500+
  
  Disclaimer:tinyurl.com/59ypbsrh