KEC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.6

Here’s a detailed technical analysis of KEC International Ltd. (KEC)

📊 Trend Overview

Current Trend: 🔄 Reversing with bullish undertone

Price is trading above both the 50-DMA (₹850) and 200-DMA (₹849), indicating a potential trend reversal.

RSI at 57.3 suggests mildly bullish momentum.

MACD at 11.8 is positive, confirming a bullish crossover.

The 52-week index at 38.0% shows the stock is still recovering from a steep correction off its high of ₹1,313.

📈 Moving Averages

50-DMA: ₹850 — Short-term support.

200-DMA: ₹849 — Long-term support.

Price Action: Current price of ₹874 is above both DMAs, signaling early strength.

📉 Momentum Indicators

RSI (14-day): 57.3 — Neutral to bullish zone.

MACD: 11.8 — Bullish crossover, momentum building.

Volume: 4.15 lakh vs 1-week avg of 4.28 lakh — Slightly below average, indicating consolidation.

📊 Bollinger Bands

Price likely near middle-to-upper band — moderate volatility.

No squeeze pattern detected, but setup favors continuation if volume improves.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 850 50-DMA, short-term support

Support 2 825 Previous swing low

Resistance 1 890 Minor resistance zone

Resistance 2 925–950 Trendline resistance zone

🎯 Entry & Exit Zones

Optimal Entry: ₹850–₹865 — On pullback near 50-DMA.

Exit Zone: ₹890–₹950 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Building — MACD bullish, RSI rising.

Breakout Potential: Moderate — Needs volume confirmation above ₹890.

Bias: Bullish — Trend reversal underway, but not yet strong.

🧭 Summary

KEC is currently reversing from a prior downtrend, with improving technical indicators. Price action above key moving averages, rising RSI, and bullish MACD suggest early strength. Traders may consider entering near ₹850–₹865 and targeting ₹890–₹950 for exits. A breakout above ₹890 with volume could confirm trend continuation.

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