I have bought KPIT Technologies shares at ₹608. What is the outlook?K S DhamiKPIT Technologies (₹562): The stock has been knocked down badly in the last couple of years. The price has tumbled over 70 per cent from a high of around ₹1,928 (July 2024). The strong fall below ₹600 last week has brought renewed pressure. Resistance is at ₹620. As long as the stock trades below it, the outlook will remain negative. Support is around ₹500. A break below it will see the stock tumbling towards ₹300 in the coming months. Since there is no scope for a price rise, exit the stock and accept the loss. Always have a stop-loss in the first place whenever you enter any trade. That will help in minimising the loss. It will also help to avoid getting stuck in a wrong position for a long time.Is it a good time to buy Oil and Natural Gas Corporation (ONGC) shares now long-term? Please adviseAnil KuyilathONGC (₹245): The stock has very crucial supports in the ₹230-₹200 region. From a long-term perspective, there are good chances for the share price to go back up to ₹350 over the next one year. From a multi-year perspective, say for a five-year period, there is potential to see ₹520 on the upside. You can buy the stock in three trances. Buy 40 per cent of the intended amount now at current levels. Buy another 40 per cent at ₹230 and the balance at ₹220. Keep a stop-loss at ₹155. Trail the stop-loss up to ₹280 when the price goes up to ₹330. Revise the stop-loss higher to ₹340 and ₹430 when the price touches ₹420 and ₹490 respectively. Exit the stock at ₹520.What is the technical outlook for Indraprastha Medical Corporation?Rahamath M, CoimbatoreIndraprastha Medical Corporation (₹380): The stock is struggling to get a sustained rise past ₹440 since the beginning of this year. That keeps alive the danger of the price declining below the crucial support level of ₹345. If this break happens, the price can fall to ₹300-₹295 thereafter. A strong and sustained rise above ₹440 is needed to strengthen the bullish case. Only then the upside will open up for a fresh rally to ₹730. For now, it is better to stay out of this stock. You can consider entering this stock after the breakout above ₹440 happens. In that case, you can keep a stop-loss at ₹320 and play for the target of ₹730. For every ₹100 rise in the share price, move your stop-loss also up by ₹100.I have bought Everest Kanto Cylinder shares at ₹154. What is the outlook?NikeshEverest Kanto Cylinder (₹115): The trend is down since December 2024. There is no concrete sign of a bullish trend reversal. Important resistance is at ₹140. A break above it will give some breather and take the stock price higher to ₹180-₹185. This will be an initial sign of a trend reversal. Ideally, a rise above ₹185 will only turn the outlook convincingly bullish for a rise to ₹250. But failure to rise past ₹140 from here can keep the stock under pressure. In that case, the downside will remain open to see ₹85 and even lower. Since the rise to ₹180 does not look very certain from here, it is not advisable to accumulate at current levels. So, it is better to exit the stock and accept the loss. Please send your questions to techtrail@thehindu.co.inPublished on July 11, 2026