Industries
Target 1 (44%) achieved in KEI Industries. Target 2 is ON...This is follow-up on KEI Industries Limited. Can check link to related ideas.
Target 1 achieved. More than 44%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
KEI Industries ready for the uptrend!🤩💸🔥Buy KEI Industries for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡Structurally positive on KEI for the longer term given:
1) Increased Infra, Industrial, Railways, Housing & Solar activity
2) Wide product portfolio
3) Amongst very few players having EHV cable capabilities
4) Sustained momentum in dealer network sales (41% of 9M sales, up 850bps)
5) Tapping into rising export opportunities.
.
💡Future Outlook:
KEI expects the recovery to continue through Tier 2, Tier 3 cities. Distribution expansion will propel growth in the retail segment.
.
✔️ Technically & Fundamentally Strong💪💪
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
KEI breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Largest weekly price spread
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since December 2021, NSE:KEI has given a breakout today. By with a stop just below Rs.1172.
ALOK INDUSTRIES -- INTRADAY SETUP - 23/03/2022ALOK INDUSTRIES INTRADAY PICK as on 23/03/2022
BULLISH SIGNS ON DAILY CHART
>> Triangle pattern Breakout on daily chart
>> Channel breakout seen
>> Resistance breakout at 25 level
>> volume increase at breakout level
BUY ALOK INDUSTRIES above 25.60 intraday
TARGET 1 - 26
TARGET 2 - 27
stop loss 24.70
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk. !
HAPPY TRADING. !
KEI INDKEI Industries Limited is engaged in the manufacturing and marketing of power cables for retail and institutional segments.
Current price is more than the intrinsic value
Low probability of default in next 12 months
Stock doesn't offer attractive dividend returns
In last 6 months, promoter holding in the company has decreased by 1.21%
In last 3 months, mutual fund holding of the company has decreased by 1.50%
Smallcap
With a market cap of ₹9,048 cr,
PE Ratio 33.11
Stock is 3.18x as volatile as Nifty
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
ALOK INDUTRIES - UPDATE - 08/02/2022ALOK INDUSTRIES ...on Hourly chart update today 08/02/2022 .. triangle formation is in progress , at present bellow 20,50,200 SMA ..but strong support line at 27.50 taken support today around this level consecutive 3rd time and double bottom formation at trendline also seen ..triangle breakout bullish line seen at 29 stock will be bullish again once cross and close hourly candle above 29 .. next target will be 32 and so on
IF 27.50 broken and hourly candle close bellow 27.50 trend will be bearish bellow 27 to short term downside can hit 25 Level .
RSI Seen double bottom formation at hourly chart which is positive sign at present.
THIS IDEA IS FOR EDUCATIONAL PURPOSE.
** HAPPY TRADING.!
ALOK INDUSTRIES -- INTRADAY SETUP - 27/01/2022ALOK INDUSTRIES pick as intraday as on 27/01/2022 .. as per technical setup ALOK INDUSTRIES will be bullish if break 30 level intraday for target 31-32 and bearish if break downside 28.50 for target 27.50-27. market will be volatile on 27/01/2022 cause of fed policy on tomorrow so that after effect can be seen on 27/01/2022 , so both side target is given ..base on technical levels back of volatility in market.
all support resistance are given on chart. as well as all buy, sell , stop loss level aslo define.
*** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..take call at own risk. !!
HAPPY TRADING. !
ALOK INDUSTRIES -- MULTIYEAR BREAKOUTALOK INDUSTRIES this co is largest fully integrated textile co in cotton and polyester segment, recently cotton price has seen big positive move constantly last few month. co posted good result YOY, good revenue and profit margin seen increase, fundamentals of co is seen improve.
Multiyear Breakout seen in weekly chart ..last few trading session volume seen increase ..Strong bullish technical indicators currently stock has big potential upside. stock was consolidating around 22 to 32 level last few months this consolidation has breakout with huge volume and this uptrend will be continue from this level.
Technical Indicators.
>> Mulitiyear trendline and triangle breakout
>> RSI 64 in daily chart Strong bullish
>> MACD above center and signal line
>> stock trading above 20,50,100,200 SMA
BUY ALOK INDUSTRIES @ 31.55
TARGET 1- 35-38 ( short term - 1 month)
TARGET 2 -45 48-52 ( mid term- 6 month)
stop loss 22
** PLEASE DO OWN ANALYSIS ..this idea For Educational .. call at own risk
HAPPY TRADING. !!
ALOK INDUSTRIES -- INTRADAY SETUP - 10/01/2022ALOK INDUSTRIES another pick of intraday on 10/01/22 due to extremely Bullish indicator on hourly chart. !
Stock has edge of strong Resistance 27.50 ..at cmp 26.55 this resistance can retest on intraday and if breakout happens it will be very strong upside target near term. but on intraday basis keep 1st target 27.25-27.50 .
At trendline after some correction heikin ashi candle following green candle combination form indicate reversal bullish trend ...keep buy level just above last small green candle at above 26.70
TECHNCIAL INDICATORS.
>> Doji Following bullish candle
>> MACD above center and signal line
>> RSI Bullish
>> At trendline breakout
BUY ALOK INDUSTRIES @ 26.70
TARGET - 27.25 - 27.50
STOP LOSS 25.90
** PLease do own anlysis ..this idea can help for same..take call at own risk. !!
HAPPY TRADING. !!
*
ALOK INDUSTRIES -- POSITIONAL -BUYALOK INDUSTRIES Bullish TRIANGLE BREAKOUT seen on 15 min chart. STOCK bottom out at strong support 22- 22.50 level and can HIT TARGET 25-26 in 3-4 session.
Positional Buy 23.10
Target 25-26 ( 3-4 Days )
stop loss 20.50
techncial indicators.
1. TRIANGLE Breakout IN 15 MIN Chart
2. double bottom formation at strong support 22 level
3. TREND-LINE Breakout
4. MA ADX BUY signal
5. Bullish Moving Avg Crossover
* HOPE THIS IDEA will help to your analysis ..!!
* Wish u Happy Trading .!!
KEI pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on KEI 15m
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses