KEI Industries cmp 4420.60 by Daily Chart viewKEI Industries cmp 4420.60 by Daily Chart view
- Support Zone4040 to 4240 Price Band
- Resistance Zone 4515 to 4715 Price Band
- Falling Resistance Trendline Breakout seems sustained
- Support Zone under test retest phase over the past few days
- Price seen is traversing inside Rising Parallel Parallel Price Channel
- Volumes are seen to be in close sync with the average traded quantity
- Multiple Bullish Patterns formed of Rounding Bottom, Head & Shoulder and a tight VCP too
Keiindustries
KEI INDUSTRIES LTD. reversal in MACD.This stock shows a reversal in price as well as MACD.
Buy at 4635-4650.
1st Target- 5048
2nd Target- 5355
3rd Target- Exit immediately after price touches the upper trend-line.
Exit as per the trader's risk appetite. However, 3rd target is only for the risky traders.
Note:- This is only for educational purpose and not a recommendation.

