Wait for confirmation of breakout.
Favorable risk to reward.
Accumulate in 3 phases as per your risk appetite (Based on closing price).
Levels:
Stop Loss - 7400
Target 1 - 9900
Target 2 - 11500
KEC International Price action has been trending upwards in an upward channel. A positional trade looks favorable. Look to accumulate above 404. A breakout above 520 is likely.
Company has good management. Strong balance sheet, recent deal wins and positive commentary provides confidence.
