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Momentumisers: Here’s why KPIT Technologies is surging and key support levels

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Momentumisers: Here’s why KPIT Technologies is surging and key support levels

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Over the last five days, an average volume surge in KPIT Technologies is seen at nearly two-times as compared to what was seen in the last one month. Similarly, its delivery volumes are also 86-times higher as compared to what was seen in the last one month.

Over the last five days, an average volume surge in KPIT Technologies is seen at nearly two-times as compared to what was seen in the last one month. Similarly, its delivery volumes are also 86-times higher as compared to what was seen in the last one month.
The immediate support for KPIT Tech share price is at Rs 141 apiece and that’s where its 20-day moving average (DMA) exponential average is and of course, the reason behind this upmove is the prospects of improving earnings as seen in the third quarter as well as improving cash generation.
Watch the accompanying video with CNBC-TV18’s Agam Vakil sharing more details.
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