AbNamjoshi

Chart of the week. KEI Industries. (13/11/21)

Long
AbNamjoshi Updated   
NSE:KEI   KEI INDUSTRIES
I first spotted this chart on 30 August on weekly chart. It was trading at 775. It has hit its first target of 990. After hitting our first target stock has consolidated for weeks and corrected almost 25%. Now again it has given breakout of its 1000 rs psychological barrier on weekly chart. Here I wish to initiate a buy for the target of 1180 or possible 20% upside.

Target - 1187 W.
SL - 910 W.
View - Medium term.
Comment:
Target hit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.