KPIT Technologies shares rallied more than 6 percent to Rs 727 and formed long bullish candle on the daily charts with above average volumes. There was a breakout of long downward sloping resistance trend line adjoining January 10 and November 17 this year.

Finolex Cables surged 10 percent to close at Rs 495, the highest closing level since February 9, 2022, and formed a large bullish candlestick pattern on the daily charts with robust volumes.

KPIT Tech's revenue from operations increased 26.06 percent to Rs 744.83 crore as against Rs 590.87 crore in the same quarter last fiscal

KPIT Technologies after giving a breakout from the rounding bottom pattern in September 2022 indicated beginning of the trend on the upside.

The share touched a 52-week high of Rs 800 and a 52-week low of Rs 300.10 on 10 January, 2022 and 29 October, 2021, respectively.

Technical indicators are giving positive signals as Info Edge is trading above the 20 and 50 days SMA and there also recently a positive moving average crossover as the 20 days SMA moved above the 50 days SMA.

The Pune-headquartered company reported a 21.41 per cent growth in the total income at Rs 701 crore for the reporting quarter as against Rs 577 crore in the year-ago period.

Jamna Auto Industries is in a classical uptrend where it is breaking out symmetrical triangle formation after building a strong base at its 200-DMA. On an immediate basis, Rs 125 is the horizontal resistance line; above this, we can expect a rally towards Rs 133-136 levels.

Stock witnessed tremendous buying from huge gap down and closed with huge green candle. Volume and RSI in support but closed near Resistance zone. Will you buy now or wait further? Share your answer in comment section.