KEC lookout for a Breakout on TraingleKec nearing consolidation run, should breakout with an upside of 10% and equally on the downtrend. But probability 70-30
KEC trade ideas
KEC InternationalCan wait for Price Action in as per the trendline and support.
Can Add limited Qty for tracking.
Later add more on support from support line or trendline.
book is full of orderBusiness area of the company
Power Transmission & Distribution: The company is a global leader in the Power Transmission & Distribution EPC space. This is the largest business vertical of the company. The company has capabilities to design, manufacture, test, supply and erect transmission lines on turnkey basis, along with end-to-end solutions for underground HT and EHV cabling works. The company also executes turnkey EPC projects that involve High Voltage Electrical Switching and Distribution Substations across the globe.
Cables: The company is one of the leading manufacturers of power and telecom cables in India. It has two state-of-the-art manufacturing facilities located in Vadodara (Gujarat) and Mysore (Karnataka). It pioneered the production of XLPE cables in India. It has a diverse clientele across industries including power, oil & gas, steel, engineering, electricity supply, etc. The company is also amongst the leading Indian exporters of cables. The company is well equipped with testing facilities as per various national and international specifications.
Railways: The company is an integrated player in the Railway EPC industry, providing complete turnkey solutions for all types of railway contracts. The company has integrated backwards to manufacture contact & catenary conductors, signalling cables as well as galvanised steel structures for railways.
Solar: In line with the government’s increased focus on Renewable Energy sector, the company has made a move to carve out its presence in the sector by providing Solar EPC services for large solar PV projects developed by private players and roof-top PV solutions for Industrial and Commercial consumer.
Civil business: The company’s Civil business focuses on the construction of factories, warehouses, residential buildings, railway stations, metros, and sewage & water treatment plants, and comprises of four verticals - A. Infrastructure & Heavy Civil (Metro & Water Projects), B. Industrial & Hydrocarbon (Factories), C. Residential & Public Spaces (Buildings, Commercial Spaces), D. Defence (Civil projects in Defence sector). It provides professional EPC services in an area dominated either by small unorganised players or by very few large companies.
Smart Infrastructure: RPG Smart Infra, a division of KEC International, helps Cities with implementation & commissioning of these technologies along with operating & maintaining them, and training the City administrators to manage the infrastructure. KEC brings in decades of experience in projects across utilities, railways, solar and civil infrastructure along with its strong financial fundamentals and an appetite to take on large scale projects.
KEC in radar now We purely believe in demand zone where institutions r sitting with full of cash.. Go with 9 rps stop loss with target of 60 rps
KEC - SHORTExplanation:
1. Stock forms the ascending channel. Now, which was broken.
2. Stock is in Downtrend from 2 Months and breaks the Long term ascending channel and also forms the Descending Wedge which looks strong bearish.
So that overall view is "Strong Bearish"
Take the position only after the Breakdown from the Descending Wedge.
KECLOOKS GOOD TO ENTER ABOVE 358 FOR 400/450 WITH SL 440/420
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
KEC, Nahi liya to kya liyafundamental-
1.Recieves order Worth Rs 1030 cr on 1.10.2020
2.KEC International promoter Instant Holdings acquired 52,000 shares from Aug.27-28
3.Instant Holdings acquired 61,650 shares on August 26.
4.KEC International promoter Summit Securities acquired 95,000 shares from Aug.14-17
5.Recieves order Worth Rs 1401 cr on 4.09.2020
6.Recieves order Worth Rs1192 cr on 4.08.2020
7.Recieves order Worth Rs 1203cr on 19.05.2020
8.FII and DIIs both going bullish since 3qtrs
9. stock pe 16/ industry pe 33 (lot of scope to move)
Technical- flag pattern on weekly chart, which has been broken but price encountered further with a supply zone(350-360), above this stock has poatntial to go 440 level and beyond. obv has positive divergence, rsi is making a harmonic wave (sinusoidal increasing amplitude) . The upper boundary is sill there to be touched(shown by blue arrow). Once RSI will go above 70 , sellers will go home( stock will be bullish) . this will happen when price will go above 360.
KEC - Intraday Setup KEC CMP - 322.05
KEC looking very bullish and can go up to 350 upside.
Buy range - 330 - 335 / Stop Loss - 320
Targets - 340 / 345 / 350
Note: This is my view and for educational purpose only
KEC took Support at Trendline on Daily ChartsKEC has given a pullback on daily charts from support trendline on daily charts, however if it sustains above last closing price.it can rally upto previous high. if it revers, it can go upto 200DMA, which is at 270 levels.
Might be a shortLower high and Lower lows on weekly sirs. RSI Red zone candle shows exhaustion. Might analyze lower tf entry
KECHello Traders,
Buy KEC above 297 for Target - 333 with SL-280 !!
Reason: It will be a fresh Range Breakout above 297 after a long consolidation and also trading above 200EMA !! keep in mind volume must be there when breaking the range!!
KEC international BUY SIGNALSEE CHART FOR DETAILS.
BUY
TARGET 1 : 325
TARGET 2 : 350
STOP LOSS : 250
**These are my personal observations. Please trade at your own risk.**
Kec In FlagPole PatternKEC is Consolidating in a an Apparent Flag Pole Pattern, We Also Saw Volume Declining Significantly, So A Sharp Breakout is Expected Soon If it Breaks Above The Trend Line Then We Can See it Coming Again Towards The Recent Highs (And Going Beyond It).
But We Also So a Mini Triangle Type Pattern Inside The Channel, Thus I have Drawn a Trend line Within the Pattern, So If Prices Breaks Below This Trend line Then Expect it To Hit the Lower End of The Channel.
KEC International :: BUYKEC International is looking like a great investment at the current level. This has also been recommended by ICICI Direct with target of 334.00
KEC International Stock - Short-term v/s Long-termBuy KEC International if you're hoping for short-term gains following the Union Budget 2019.
Sell KEC International if you're aiming for the long-term. Exit on a high!
