KEI trade ideas
BOOM Expected Good indications along with insider buys are giving us an insight of the price boom that is going to happen.
Target of 450- 500 or more expected .
Disclaimer:For educational purpose only
KEI Industries_8.50% upside18 Aug 2020
KEI Inds. (CMP: 400.40)
Symmetrical Triangle Breakout
Sharp volume surge in the last 2 days.
MACD breakout
RSI bullish signal. Stock is very close to touching its 200 DEMA.
T1- 411, T2- 422, T3- 434; SL- 385. Target Duration 18 Sep 2020.
KEI Trendline Breakout above 200 emaKEI broke the resistance and also closed above 200 ema.
This idea is for education purpose only.
Accumulation started in KEI Industries1.Accumulation started in KEI industries with a positive spike in volume.
2.Bollinger band breakout on the upper side with volume.
3.Price near to 200 moving average.
Bullish crossoverKei making rising wedge pattern and making bullish crossover and last 1 day candle is bullish harami. wait for price action and buy above 390 target 410 sl 365
Ascending triangle with huge volume breakout Ascending triangle with huge volume breakout
Short term target 440
kei new triangular patterni have been thinking all this while kei is following a channel but now its different.
Kei industry to watch around 440After a recent correction in kei, it will be wait and watch at 440 level on daily close.
KEI INDUSTRIES TREND ANALYSIS WITH PRICE ACTIONNSE:KEI TREND ANALYSIS
FM CAPEX BOOSTER
GOOD FUNDAMENTALS
