KEI
KEI Industries ready for the uptrend!🤩💸🔥Buy KEI Industries for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡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.
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💡Future Outlook:
KEI expects the recovery to continue through Tier 2, Tier 3 cities. Distribution expansion will propel growth in the retail segment.
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✔️ Technically & Fundamentally Strong💪💪
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💎@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.
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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.
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
KEI : 1:4 Risk Reward TradeStock Showing Movement in Elliot Wave Pattern.
After one round of Eight Wave cycle started from 211 till 412.
Now Stock seems Making 2nd 8 wave Elliot wave pattern. After Wave-1 stock moving in consolidation and forming 2nd wave with Triangle formation. Once breakout from present consolidation zone above 530.5 we can expect a wave-3 move upto 645.5. if stock take retracement forming wave-4 after this and takes support @ 559 which will be 50% Fibo retracement of current degree wave-3 and then we can expect further move upto 671.
KEI IND 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
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
KEI about to BreakoutAscending Triangle Pattern formed in Kei Industries. I am referring 1D candle.
CMP : 722
You can clearly see a Rising Lower trendline which is acting as a support line. Many times stock is taking its support and rejected the downside movement.
Upper trendline is flat acting as resistance line. Many times stock touched that line or tried to go out of the pattern but got declined.
Positive Points:
1) Ascending triangle pattern which is commonly known for bullish sign.
2) MACD is about to crossover. Its above zero line. Also you can see weakness is decreasing. See histogram bars.
3) RSI above 60. and It has taken support near 55-60 which is very good sign for a bullish momentum.
Entry:
After breakout.
Aggressive buyers can take entry after breakout (Volume is important for breakout)
Defensive buyers can wait for a pull back for confirmations
Target :
830
Duration :
short to mid term position
Disclaimer : I am not sebi registered. This is for educational purpose only. Do your own analysis before taking any position. I am not responsible for your profit or loss.