Chart Of The Day – KEI Industries Powers To A New High

KEI Industries raced to a new high, driven by heavy-volume buying interest for the second straight session. The stock broke out of a consolidation base pattern and closed marginally below its pivot price of Rs 423.50.

KEI Industries_MarketSmithIndia

2 Replies to “Chart Of The Day – KEI Industries Powers To A New High”

    1. Dear Jagat,

      Thank you for reaching out to us. KEI Industries broke out on April 3 but closed below its pivot price of Rs 423.50. The stock is yet trading below its pivot. We suggest you to wait for the stock to close above Rs 423.50 before considering getting into the stock.

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