KPIT TECH Stock in short term downtrend after giving almost 100% return from 4th August, 2020 Closing of 67 to 129 high on 5th October, 2020 now retraced almost 50%. Now the stock can take support from the level of 89 which is near 61.8% retracement level position can be taken in the stock around 89 to 91 with a stop loss of 81 on Daily closing basis with a next target price of 101 and then 110 in next 1-2 Months.