BUY : 390 TO 339
TARGET : 578
LONG TERM TARGET : 925
Reason For Buying This Script :
In this script it has formed cup & handle formation in monthly time frame , Now it is waiting for handle breakout.
So we can go for try to buy at lower levels.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to...
I think it is a risky trade for now.
But risk is always maintained in limit.
Entered today.
We can see some more fall in the stock as per the bad results posted by the company.
17 points loss, 48 target looks a fair deal for me.
What are ideas for this trade please tell me in the comments.
The Triangle pattern is broken with a retest and also continued after that. Volumes are really good. Can be bought for a target of 450.CMP-435.
Please Like and follow!
Happy Trading :)
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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...
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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...
KEC International Cmp 437 dated 22.6.2021
Weekly chart
1. Beautiful 3 years rounding pattern breakout
@ 433.
2. Small Descending triangle breakout giving tgt
of 520.
Buy for a tgt of 520-710 SL 385
It is just a view, pls trade at your own risk.
3rd wave under progress, steepness of rise supports this. Also, Rounded bottom recovery, ready to touch previous highs of 485.... volume is supportive.
