Chart Of The Day – KEI Industries Accelerates; Pegged For Another Power From Pivot?

KEI Industries displayed strong momentum, adding 16% on above-average volumes in the last two trading sessions. As a result, the stock broke out of 8-week consolidation base and recorded a new high. The stock’s technical strength is backed by healthy fundamental growth. Its revenue and earnings over the last three years have grown at an average of 19% and 100%, respectively.

KEI Industries_MarketSmithIndia

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