Kec International is a good techno funda pick for Budget 2023. Looking at charts we see a nice broadening base pattern + Darvas box consolidation + Volatility contraction pattern where its breaking out from down sloping line + If we see 50DMA ( red )is crossing 200DMA(golden yellow) and the trend is upside with momentum picking up in stock. This stock has not...
As per my analysis or view, NSE:KEC is now ready to move upside as price sustained above level of 583.20. Best positional buy level if 590 with stop loss of 550 (-40). Expected upside target would be 624 (+34) & 661 (+71). Note: This is my personal analysis, only to learn stock market behavior. Thanks.
KEC International is taking support multiple times It might consolidate for a while and form a cup-like structure (This is just pure prediction and my view) Initiated swing trade for Long with target 555