Price and trend forecast of KEC for Tomorrow, Weekly, Monthly
KEC International Limited
Symbol: NSE:KEC
ISIN: INE389H01022
880.05
As on 2024-07-26
KEC's Today's Performance
KEC International Limited started the day by opening at 884.00 today 2024-07-26. Its shares reached a high of 891.00 and dipped to a low of 874.50 in intraday. When the markets closed, KEC’s stock price settled at ₹880.05 per share. Also check out its key support and resistance levels.
KEC Buy/Sell Targets
Tomorrow, sell KEC when its price reaches ₹ 880.05 with a stop-loss order at ₹ 892.24. You can set the target price as ₹ 867.86 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 levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for KEC
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 889 |
| Tomorrow Down Target 2 | 898 |
| Tomorrow Down Target 3 | 906 |
Important Levels for KEC
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 873 |
| Tomorrow Up Target 2 | 865 |
| Tomorrow Up Target 3 | 856 |
Based on where the stock opens tomorrow, if KEC opens on a positive note, our first target will be ₹889. If Target 1 is achieved, we will aim for Target 2 which is ₹898.
But if KEC falls below the average value of ₹881.85, you can enter a sell side position with target number 1 - ₹873 and second target - ₹865 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 Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for KEC is strong bearish.
Tomorrow's Volume based share price Forecast for KEC
KEC's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a strong bearish trend. Volume trend strength over the last month compared to the last week is 86%.
Reversal detection for KEC
KEC may trend may continue to be bearish since stock is making lower low and we can get target of ₹888 in morning tomorrow
| Target 1 tomorrow | 888 |
| Target 2 tomorrow | 892 |
| Target 3 tomorrow | 898 |
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 ₹889.20. If Target 1 is achieved, we will aim for Target 2 which is ₹898.35.
But if KEC falls below the average value of ₹881.85, you can enter a sell side position with target number 1 - ₹872.70 and second target - ₹865.35
KEC's Weekly Targets
| 1st Up Target | 913.83 |
| 2nd Up Target | 947.62 |
| 1st Down Target | 837.13 |
| 2nd Down Target | 794.22 |
As the week for KEC ended on bullish sentiments, we can expect further continuation of this sentiment. KEC's initial target will be 913.83 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 837.13 in the upcoming week.
Weekly OHLC Values
| Open | 860.00 |
| High | 904.70 |
| Low | 828.00 |
| Close | 880.05 |
Week for KEC started with an open price of 860.00, and the close was at 880.05. KEC reached the highest of 904.70 and dipped lowest up to 828.00 last week. This indicates a bullish sentiment for the week.
KEC full month swing targets
| Monthly Up Target 1 | 990.53 |
| Monthly Up Target 2 | 1,024.32 |
| Monthly Down Target 1 | 760.43 |
| Monthly Down Target 2 | 640.82 |
Targets of ₹990.53 can be expected to be reached in the coming month. Once KEC achieved this target, we can aim for the next upside target of ₹1,024.32.
KEC if fails to hold upside, down targets of ₹760.43 and ₹640.82 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.
Related Stocks in the Same Sector as KEC
| Symbol | Name | Industry |
|---|---|---|
| LT | Larsen & Toubro Limited | Engineering & Construction |
| ADANIPORTS | Adani Ports and Special Economic Zone Limited | Marine Shipping |
| HAL | Hindustan Aeronautics Limited | Aerospace & Defense |
| SIEMENS | Siemens Limited | Specialty Industrial Machinery |
| BEL | Bharat Electronics Limited | Aerospace & Defense |
Summary
KEC is expected to reach the target of 889.20 in tomorrow's trading session.
After achieving the initial target in KEC, we will aim for higher targets of 898.35 tomorrow.
However, if KEC starts to trade below ₹881.85, then we will shift our focus to the sell side and aim for down targets of 872.70 and 865.35.