prathameshzad

Extra-ordinary gains for kpit tech will end soon

看空
NSE:KPITTECH   KPIT TECHNOLOGIES
kpit tech, a tech company which was listed on 2019 and since then the stock is quite giving extraordinary gains. if you look at the chart from lows it has given 22x returns but if you see its fundamentals then its revenues and profits have merely grown 2x. so clearly i see its fundamentals have deviated from its price and in this type of market where stocks are getting butchered , its still commaning a PE of 70! . also on charts i see its lacking momentum at highs and RSI indicating a bearish divergence .so after all this i will short the stock till its mean . thank you

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。