Here we expect the upward trajectory in KEI to stay in this parallel channel. We predict the price would stay in this channel for maybe 6 months. In case if it breaks it we also have our risk defined. Betting on wires and cables industry. I can say KEI is the must have.
FOR EDUCATIONAL PURPOSES ONLY CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones and the target is placed based on fundamentals.
Note: Make sure to enter a trade only after Reversal is confirmed, Don't enter during a breakdown.
KEI Industries has given breakout above the previous high with good force , price and volume. Buy the stock at current levels. Keep the stop loss as per your risk taking appetite.
**Ideas are my own** Take risk as per your risk taking appetite**
KEI IND. given breakout after big consolidation ,
stock trade at low PE compare to others.
accumulate between 588/533
we seen 701/777/855/933+
view invalid below 455 cbsl
Note : views are education purpose only.
KEI IND. given breakout after big consolidation ,
stock trade at low PE compare to others.
accumulate between 588/533
we seen 701/777/855/933+
view invalid below 455 cbsl
Note : views are education purpose only.
