KEI Industries - Cyclical patternNSE:KEI
KEI Industries - Cyclical pattern
Buy on drop till 810 range for next target for 850+
KEI trade ideas
KEI INDUSTRIES - NICE BREAKOUT KEI Industries bought today at 815..
Seems ready for fresh move .. should close at current levels above 810-815.. should do reallt well..
Risk Reward favourable..
Fundamentally solid company
Can it go into a new trajectory?Trendline breakout + Big Volume clusters + To catch up with Havells & Polycab?
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
Interesting formationKei industries
Looks a nice chart in making.
Volumes are above average to push the stock at ATH.
BUY [Risk reward ratiop > 2]Fib retracement beautifully followed
Broken resistance line convincingly and tested.
Stock will go high atleast 9% now
Swing trade and book 9% profit withion 1 or 2 weeks.
we can again focous on kei industries hello traders we can again focous on kei industries now cmp is 775 , buy after 790 ,stoploss is 730 ,target is 815,850,890
Expecting breakout ✌✌✌ - Consolidation phase This scrip is expected to give breakout in the coming days as it is under consolidation phase, once consolidation is over we can expect some upside move. So traders keep on your radar to catch the momentum. Thanks to All 🙏🙏🙏
My on holding stock plan KEI IndustriesE1 - 755 - 03 Aug 2021 ---> T1 - 852 - 11 Aug 2021
E2 - 730 - 17 Aug 2021 ---> T2 - 884 - 24 Aug 2021
E3 - 809 - 27 aug 2021 ----> T3 - ?????
KEI INDUSTRIES... SHORT TERM BUYASCENDING TRIANGLE BREAK OUT AND RETRACEMENT TAKEN..
CAN EXPECT 8.5% AND 15% UPWARD TARGETS.
KEI Industriestriangle breakout with good volume after consolidation. one of the major players in cable industries with constantly growing fundamentals. CAGR of 5 an 10 years above 40% and low debt. good for swing as well as long term
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.
Question on KEI IndustriesAs of now at resistance
Staying above 719 for few hours can give it a push towards 775
KEI INDUSTRIES RANGE BREAKOUTRANGE BREAKOUT
Buy KEI IND, CP - 623.1
Strict SL - 505 (WCB)
Target - 1000+++
