Kei-industries
KEI FOR MOMENTUM INVESTING Here we expect the upward trajectory in KEI to stay in this parallel channel. We predict the price would stay in this channel for maybe 6 months. In case if it breaks it we also have our risk defined. Betting on wires and cables industry. I can say KEI is the must have.
FOR EDUCATIONAL PURPOSES ONLY CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
KEI Industries Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones and the target is placed based on fundamentals.
Note: Make sure to enter a trade only after Reversal is confirmed, Don't enter during a breakdown.