KEC International Budget 2023 BroadeningBase Darvas Box breakoutKec 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 corrected much in recent Nifty/Sensex/Mid/Small cap fall. This shows good buying accumulation interest in stock.
Thus KEC International is our High probability pick for Budget Feb 2023 . With TARGETS of 860 ( Broadening base target ) and 825( Darvax Box target)
