SWING IDEA - KEC INTLKEC International , a key player in the infrastructure sector, is presenting a swing trade opportunity with strong technical indicators.
Reasons are listed below :
950 Zone Tested Multiple Times : The price has tested the 950 resistance zone multiple times, and it is now breaking out, signaling potential for an upward move.
Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing candle on the daily chart shows strong buying momentum, indicating a possible continuation of the upward trend.
Spike in Volumes : Increased trading volume supports the breakout, confirming strong market participation and investor interest in the stock.
All-Time High Close : The stock closed at an all-time high, which is a bullish signal and suggests potential for further gains.
Target - 1070
Stoploss - daily close below 880
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