June 2, 2025, KEC International Ltd. (NSE: KEC) is trading at ₹843.25. Here's a comprehensive technical overview to guide your trading decisions: BazaarTrend +2 Investing.com +2 StockInvest +2
📊 Technical Overview Current Price: ₹843.25
52-Week Range: ₹627.45 – ₹1,313.25
Market Capitalization: ₹22,158.49 Crores
Volume: Approximately 1.44 million shares traded StockInvest +2 Investing.com +2 Moneycontrol +2 The Economic Times +1 Moneycontrol +1 Moneycontrol
🔍 Technical Indicators Relative Strength Index (RSI): 59.63 – Indicates a neutral to slightly bullish momentum.
Moving Average Convergence Divergence (MACD): Positive at 34.33 – Suggests upward momentum.
Average Directional Index (ADX): 27.04 – Reflects a developing trend.
Supertrend Indicator: Bullish at ₹769.47 INDmoney Top Stock Research
📈 Support & Resistance Levels Immediate Support: ₹861.70 – A key level where buying interest may emerge.
Resistance Levels: ₹875.10 and ₹901.19 – Potential hurdles in the upward movement. Investing.com +3 StockInvest +3 INDmoney +3 BazaarTrend
🎯 Price Targets & Stop Loss Short-Term Target: ₹984.33 – Based on analyst consensus.
Medium-Term Target: ₹1,000 – Supported by technical breakout analyses.
Stop Loss: ₹840 – To mitigate downside risk. Investing.com +2 TipRanks +2 Moneycontrol +2 TradingView
📊 Trend Analysis KEC International is exhibiting a bullish trend, with technical indicators supporting upward momentum. The stock is trading above key moving averages, and the positive MACD suggests continued strength. However, traders should monitor resistance levels closely and adjust positions accordingly. INDmoney
✅ Trading Strategy Summary Entry Point: Consider entering around ₹843.25, aligning with current market price.
Stop Loss: Set at ₹840 to manage potential downside.
Targets: Aim for ₹984.33 in the short term and ₹1,000 in the medium term
This is a 5-minute intraday candlestick chart of KEC International Ltd. (KECLTD) from NSE, showing a recent price action with important technical levels and a trendline.
Here’s a detailed explanation:
🔍 Chart Breakdown
- Price Levels: Current Price (CMP): ₹842.45
Green Line (~₹843.53): Likely a short-term resistance-turned-support level. Price is trying to hold above it.
Red Lines:
Upper Red (~₹867.95): Key resistance zone – last known supply area.
Lower Red (~₹827.64): Key support zone – demand zone from which the price bounced.
- Trendline (Black Diagonal Line): A descending trendline is drawn connecting recent lower highs.
Price attempted a breakout above it but is now hovering near it – trendline resistance is still active.
- Volume: Recent green volume bars indicate buying interest during the bounce from support.
Volume has decreased slightly as the price approached the trendline – suggesting uncertainty near resistance.
🧭 Price Action Insight Sharp Drop: Stock experienced a steep fall, then consolidated sideways.
Support Test: Touched the support at ₹827.64 and rebounded.
Attempted Breakout: It made an effort to break above the descending trendline and resistance at ₹843.53 but faced selling pressure.
📈 Trading Setup Suggestion 🔵 If Bullish (Breakout Scenario): Entry: Only on strong candle close above ₹845 and the trendline with volume.
Target 1: ₹855–₹860
Target 2: ₹867.95 (major resistance)
Stop Loss: ₹835 (just below recent consolidation)
🔴 If Bearish (Rejection from Resistance): Entry: On rejection candle (like a bearish engulfing or shooting star) below ₹843
Target: ₹833–₹827.64
Stop Loss: ₹847–₹850
✅ Conclusion Currently, KECLTD is at a decision point – just under a trendline resistance and former support zone (~₹843).
A break above the trendline with volume confirms strength and a move toward ₹860–₹868.
A rejection signals weakness and potential revisit to ₹828.
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