buy KEI above 24 closing basis, sl 16 target 29-35-45
holding 2-3 month
technical chart study
as per chart we can see that stock has just move towards 3 years high level now.
at bottom level it made rounded bottom, and now crossing the upper range, so we can expect a good move in this stock.
even there is a divergence signal with rsi now at upper levels.
recently stock moving into higher – high’s and higher – lows pattern.
so price action above mention level can given good momentum in stock for given targets with mention support level.
so one can enter above mention level and if close beyond that level then hold this stock for given targets with mention stop loss.