The stock has broken out of the channel pattern coupled with high volumes.
It is likely to rise up to levels of 520 if it crosses and sustains 460 levels.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you...
KEC INTERNATIONAL broke out of trendline with super volume burst. stoploss and targets are marked on the screen. first target will obviously be the 52 week high and later on followed by the fibonacci levels.
TECHNICAL ANALYSIS OF NSE:KEC
The LAST CLOSE PRICE of NSE:KEC is 438.3. The PARABOLIC SAR is showing the UPWARD SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 1.272 at the FIBONACCI STOCK PRICE LEVEL of 450.3. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 424.85...
KEC International Ltd gains many bulk orders in this financial year 2021-2022. But due to the corona 2nd wave, it loses some momentum due to panic. But It is trading now at a good support zone. So I recommend BUY for KEC at 398.5 for a target of 410, 417,428,438,486 with a small stop loss at 386.