“Jay Thakkar recommends selling KPIT Technologies Futures in the ₹700-690 range, targeting ₹665-645 with a stop loss above ₹720. The call is based on the stock's weak trading pattern of lower highs and lows, increasing open interest indicating short positions, and a negative bias in the Nifty IT sector, suggesting a likely break of its previous swing low in the near term.”
Jay Thakkar’s track record: 5 graded calls · 95% CI 12–77%
KPIT Technologies FuturesBearishCalled 13 May 2026Graded 27 Jun 2026
KPIT Technologies Futures increased from ₹710.65 to ₹774.25, moving against the bearish call.
Pre-fills a same-day INTRADAY short — delivery short-selling isn't allowed, so this is the only way to paper-trade a bearish call.