KEI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.9
| Stock Code | KEI | Market Cap | 52,044 Cr. | Current Price | 5,445 ₹ | High / Low | 5,455 ₹ |
| Stock P/E | 56.7 | Book Value | 697 ₹ | Dividend Yield | 0.08 % | ROCE | 20.1 % |
| ROE | 14.8 % | Face Value | 2.00 ₹ | DMA 50 | 4,863 ₹ | DMA 200 | 4,397 ₹ |
| Chg in FII Hold | 1.78 % | Chg in DII Hold | -1.44 % | PAT Qtr | 284 Cr. | PAT Prev Qtr | 235 Cr. |
| RSI | 72.1 | MACD | 157 | Volume | 3,51,191 | Avg Vol 1Wk | 3,66,985 |
| Low price | 3,500 ₹ | High price | 5,455 ₹ | PEG Ratio | 2.32 | Debt to equity | 0.04 |
| 52w Index | 99.5 % | Qtr Profit Var | 25.5 % | EPS | 96.1 ₹ | Industry PE | 28.1 |
📈 Chart Patterns: KEI is in a strong uptrend, trading at its 52-week high (5,445 ₹ vs 5,455 ₹). Trendlines confirm bullish continuation with breakout momentum and higher highs.
📊 Moving Averages: Current price (5,445 ₹) is well above DMA 50 (4,863 ₹) and DMA 200 (4,397 ₹), showing clear bullish alignment across short and long-term trends.
📉 RSI: At 72.1, RSI indicates overbought conditions, suggesting strong momentum but risk of short-term correction.
📌 MACD: Strongly positive at 157, confirming powerful upward momentum and trend continuation.
📈 Bollinger Bands: Price near upper band, signaling strong buying pressure but caution for volatility.
🔎 Volume Trends: Current volume (3.51 lakh) is slightly below average (3.66 lakh), showing breakout strength but requiring stronger participation for sustained rally.
🎯 Momentum Signals: Bullish bias dominates with MACD strength and price at new highs. RSI overbought signals caution for near-term volatility.
📍 Entry Zone: 5,300–5,350 ₹ (support near breakout zone).
📍 Exit Zone: 5,500–5,600 ₹ (resistance beyond 52-week high).
📊 Trend Status: Strongly trending upward with bullish continuation; minor consolidation possible due to overbought RSI.
Positive
- Quarterly PAT growth (+25.5%) from ₹235 Cr. to ₹284 Cr.
- Strong ROCE (20.1%) and ROE (14.8%).
- EPS at ₹96.1 with consistent growth.
- FII holding increased (+1.78%), showing institutional confidence.
Limitation
- High P/E (56.7) compared to industry average (28.1).
- PEG ratio at 2.32 suggests growth priced in.
- RSI overbought at 72.1, risk of short-term correction.
- Volume slightly below average, limiting breakout conviction.
Company Negative News
- DII holding reduced (-1.44%).
- Premium valuation may cap upside potential.
Company Positive News
- PAT improved significantly (+25.5%).
- EPS growth supports long-term fundamentals.
- FII inflows provide momentum support.
Industry
- Industry PE at 28.1, much lower than KEI’s P/E, showing sector trades at discount.
- Sector momentum strong with 52-week index at 99.5%.
Conclusion
⚖️ KEI is in a strong bullish trend, trading at its 52-week high with powerful momentum signals. Entry near 5,300–5,350 ₹ offers favorable positioning, while exits around 5,500–5,600 ₹ capture resistance levels. Fundamentals remain strong, but premium valuation and overbought RSI warrant disciplined risk management.
Would you like me to refine this into a short-term intraday breakout plan with tighter stop-loss levels, or expand it into a swing trade strategy with holding period guidance and trailing exits?