Stock is retesting its BO level and showing sign of reversal.
NSE:KEC is undergoing correction and and move that breaks the channel will set KEC in motion of bullish sentiment. Waiting paitently
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.
#KEC CUP & HANDLE BO on Weekly Chart All details in chart.
KEC CMP 303 TARGET 336 SL 292 (DAY CLOSE) DURATION APPROX. 28-30 DAYS
The levels at which KEC international is currently trading is the range in which it have traded many times, the breakout from this range can give strong higher upside.
Buy KEC at current price for a target of 400, 430. Keep a stop at 265. Do your own research before investing.
A falling wedge playing out R1 295 above 300 stock may do 350 Negated below 265