KEI - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.2

Here’s a detailed technical analysis of KEI Industries Ltd. (KEI)

📊 Trend Overview

Current Trend: Trending Upward

Price is trading above both the 50-DMA (₹3,924) and 200-DMA (₹3,751), confirming a strong bullish structure.

RSI at 62.6 indicates healthy momentum, nearing overbought territory.

MACD at 72.0 is strongly positive, reinforcing bullish sentiment.

Volume is above the 1-week average, suggesting strong participation in the current move.

📈 Moving Averages

50-DMA: ₹3,924 — Short-term support.

200-DMA: ₹3,751 — Long-term support.

Price Action: Current price of ₹4,149 is comfortably above both DMAs, indicating sustained strength.

📉 Momentum Indicators

RSI (14-day): 62.6 — Bullish zone, but approaching overbought.

MACD: 72.0 — Bullish crossover, strong upward momentum.

Volume: 2.28 lakh vs 1-week avg of 1.93 lakh — Above average, confirming buying interest.

📊 Bollinger Bands

Price likely near the upper band — signals strength but also potential for short-term consolidation.

No squeeze pattern detected, but trend continuation is supported.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 3,925 50-DMA, short-term support

Support 2 3,750 200-DMA, long-term support

Resistance 1 4,300 Minor resistance zone

Resistance 2 4,725 52-week high, major resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹3,925–₹4,000 — On pullback near 50-DMA.

Exit Zone: ₹4,300–₹4,700 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Strong — MACD bullish, RSI rising.

Breakout Potential: High — Volume supports continuation.

Bias: Bullish — Watch for breakout above ₹4,300 with volume surge.

🧭 Summary

KEI is currently trending upward with strong technical indicators. Price action above key moving averages, rising RSI, and bullish MACD suggest continued strength. Traders may consider entering on dips near ₹3,925–₹4,000 and targeting ₹4,300–₹4,700 for exits. A breakout above ₹4,300 with volume could signal further upside.

Let me know if you'd like a comparison with other cable and wire manufacturers or alerts for breakout confirmation.

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