Warning-
as we can see that in the opening, cables & wires sector is showing strong momentum and KEI Industries is maintaining bullish sentiment supported by strong growth outlook in infrastructure and industrial demand, where company has delivered ~20% revenue and profit growth indicating solid fundamentals
Technically, stock is in a strong uptrend with price trading above all key moving averages, confirming trend strength; MACD is positive and in bullish zone, while RSI is around 65–70 zone, indicating strong momentum though slightly near overbought levels
Disclaimer– Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.