KEI Industries | 51% Correction | Monthly POI Tapped | High Prob

304
📉 Correction & Location Insight
All-Time High: ₹5,039

Current Low: ₹2,424

✅ Correction from Top: ~51%

✅ Price has now entered a Monthly Point of Interest (POI) after taking liquidity and showing reaction.

This level is crucial as the price has dropped significantly and is now tapping into a major institutional demand zone, signaling a potential bottom formation.

🧠 Smart Money Perspective
🔍 Price has cleared Monthly IDM and tapped into the POI.

📉 Weekly 200 EMA tapped for the first time since 2020 – a major technical signal.

🟪 FVG (Fair Value Gap) available in this zone – indicating an unfilled value area that price could revisit quickly.

📊 Daily Doji Candle shows a tug of war between bulls and bears – potential reversal setup building.

🕵️‍♂️ Refined Entry Zone (1-Day POI)
📌 Entry Range: ₹2,437 – ₹2,321

📌 Stop-Loss: ₹2,300 (strict for safety)

✅ This tight stop offers high risk-to-reward potential.

🎯 Profit Targets
1️⃣ Target 1: ₹2,941
2️⃣ Target 2: ₹3,330
3️⃣ Target 3: ₹3,751+
🔄 Long-term breakout may follow after reclaiming mid-zones.

⚡ Sector Insight
KEI plays a key role in the electrical manufacturing segment – a growing and crucial sector for cables and wires producer and supplier and EHV (extra high voltage) power cable development. The stock has underperformed over the past year, but this deep correction paired with strong technical confluence now presents a rare opportunity.

💡 Final Thoughts
This is one of the most favorable setups seen in recent times for KEI Industries. Price has done its job: corrected heavily, entered the POI, and shown early signs of a reversal. With proper stop-loss discipline, this is a BTST to Swing setup that could yield significant returns.

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