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Price and trend forecast of KEC for Tomorrow, Weekly, Monthly

KEC International Limited

Symbol: NSE:KEC

ISIN: INE389H01022

746.70

As on 2024-04-12

444.00 (52W Low) 838.85 (52W High)

KEC's Today's Performance

KEC International Limited started the day by opening at 762.45 today 2024-04-12. Its shares reached a high of 763.95 and dipped to a low of 742.40 in intraday. When the markets closed, KEC’s stock price settled at ₹746.70 per share. Also check out its key support and resistance levels.

KEC Buy/Sell Targets

Tomorrow, sell KEC when its price reaches ₹ 746.70 with a stop-loss order at ₹ 756.14. You can set the target price as ₹ 737.26 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of KEC for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for KEC

Resistance Levels Value in ₹
Tomorrow Resistance 1 760
Tomorrow Resistance 2 773
Tomorrow Resistance 3 781

Important Supports for KEC

Support Levels Value in ₹
Tomorrow Support 1 738
Tomorrow Support 2 729
Tomorrow Support 3 717
Based on where the stock opens tomorrow, if KEC opens on a positive note, our first target will be ₹760. If Target 1 is achieved, we will aim for Target 2 which is ₹773.

But if KEC falls below the average value of ₹751.02, you can enter a sell side position with target number 1 - ₹738 and second target - ₹729 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of KEC

Looking at KEC, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, KEC has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for KEC is strong bullish.

Tomorrow's Volume based share price Forecast for KEC

KEC's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 86%.

Reversal detection for KEC

Predicted trend chart of KEC tomorrow for price forecast
KEC may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹762 in morning tomorrow
Target 1 tomorrow759
Target 2 tomorrow764
Target 3 tomorrow773
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with KEC's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if KEC opens on a positive note, our first target will be ₹759.63. If Target 1 is achieved, we will aim for Target 2 which is ₹772.57.

But if KEC falls below the average value of ₹751.02, you can enter a sell side position with target number 1 - ₹738.08 and second target - ₹729.47

KEC's Weekly Targets
1st Up Target 763.53
2nd Up Target 780.37
1st Down Target 736.13
2nd Down Target 725.57

As the week for KEC ended on bearish sentiments, we can expect further continuation of this sentiment. KEC's initial target will be 763.53 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 736.13 in the upcoming week.

Weekly OHLC Values
Open 764.30
High 769.80
Low 742.40
Close 746.70

Week for KEC started with an open price of 764.30, and the close was at 746.70. KEC reached the highest of 769.80 and dipped lowest up to 742.40 last week. This indicates a bearish sentiment for the week.

KEC full month swing targets
Monthly Up Target 1 790.93
Monthly Up Target 2 807.77
Monthly Down Target 1 708.73
Monthly Down Target 2 670.77

Targets of ₹790.93 can be expected to be reached in the coming month. Once KEC achieved this target, we can aim for the next upside target of ₹807.77.

KEC if fails to hold upside, down targets of ₹708.73 and ₹670.77 can be achieved by end of this month.

For complete three weeks if KEC is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

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BEL Bharat Electronics Limited Aerospace & Defense

Summary

KEC is expected to reach the target of 759.63 in tomorrow's trading session.

After achieving the initial target in KEC, we will aim for higher targets of 772.57 tomorrow.

However, if KEC starts to trade below ₹751.02, then we will shift our focus to the sell side and aim for down targets of 738.08 and 729.47.