cooltetra said:
Hi Jai
Could you please comment on KEC international. (KECINTL). Looks like I have made a wrong investment
.
Thanks in advance.
Regards
Cooool
Hi cool
I have 2 charting softwares. One of them shows KEC intl as a scrip of 400+ and the other shows it as 37 something. But I guess the scrip with the value of 37 is KEC infra.
Kec International just has a little over 2 weeks of data on the charts. So I might not be able to tell you about it accurately, but I'm givin it a shot. Please be advised that I cannot guarantee the accuracy for this since I donot have much information to work with. Here goes:
Kec International's lower support is at 410, however only a break above 465 will be in favours of the bulls. Heavy selling has been seen in this scrip since the 500 levels, but it seems to have stabilised a little at the 430 levels. You can expect some congestion between 420-460. A break below 410 might push the scrip further down.
NOTE: Volumes have really dried up in this scrip. New entries in this scrip is not recommended untill buyer confidence returns with volumes.
Jai