KFIN Technologies: Breakout Confirmed — But Is There Still Upsid

The market witnessed a strong bullish momentum today, with several stocks giving clear breakouts backed by volume. I closely tracked most of these moves.

Among them, KFIN Technologies has stood out — showing strength after a decisive breakout above a small resistance zone and respecting the ascending trendline support.
• ✅ Current Price: ₹1253
• 🔼 Previous High Target: ₹1642 (Life High)
• 📊 RSI at 71+, indicating strong momentum
• 📈 Price moving above key moving averages

Although the structure looks bullish and further upside could be possible, valuations are starting to feel a bit expensive. So, if you’ve already missed the breakout and still wish to enter — do so only if you have high conviction.

As always: entry at breakout is best, chasing rallies may impact your risk-reward.

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Analysis By Mayur Jayant Takalikar -- For LEARNING & OBSERVATIONAL USE ONLY.

⚠️ Disclaimer:

I am not a SEBI-registered advisor. This post is for educational and informational purposes only. Please do your own research or consult with a certified financial advisor before taking any investment decision.