Profit hit on KPIT Tech

Caught a clean bounce setup on KPIT Tech after spotting the 10-Day Support Bounce Insight.
Price reversed sharply from the ₹1150 - ₹1160 support zone, aligning with a clear Change of Character (ChoCH) on the daily structure. The bounce saw follow-through momentum with strong volume and a solid close above ₹1,240.

Looks like a healthy short-term reversal within the broader downtrend — short targets already achieved, but the next test will be if it can reclaim the ₹1,320 resistance zone.Would you guys look for a quick re-entry on a retest, or wait for confirmation above 1,300 for the next leg?

2 Likes