KEI Industries Limited is in a rising trend
channel in the medium long term. This shows
that investors over time have bought the stock
at higher prices and indicates good
development for the company. The price has
also broken a resistance level in the short
term and given a positive signal for the short-
term trading range.
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There is no resistance in
the price chart and further rise is indicated. In
case of a negative reaction, the stock has
support at approximately 1620 rupee.
Volume has previously been high at price tops
and low at price bottoms. This strengthens
the trend. The stock is overall assessed as
technically positive for the medium long term.