KEC International Ltd – Technical & Fundamental View

KEC International Ltd – Technical & Fundamental View (SEBI Reg. INH000019886 | For Educational Purpose Only) 🔹Technical View: The stock witnessed a sharp fall from recent highs after forming a Triple Top pattern on the daily chart — a bearish reversal signal. After testing the ₹730 support zone, KEC showed signs of short-term pullback with strong volume and a positive RSI crossover. If sustained above ₹770, momentum may extend toward ₹800–₹815; below ₹730, weakness may resume. Key Levels: 🔼 Resistance: ₹770 / ₹815 🔽 Support: ₹737 / ₹710 🔹Fundamental Snapshot: KEC is a key EPC player under the RPG Group, with a diversified order book in transmission, railways & civil infra. Despite near-term pressure from order execution costs, long-term fundamentals remain intact backed by strong global demand outlook. 💡Sustain above ₹770 could trigger short-term recovery; traders should track volume confirmation closely. ⚠️ Disclaimer: For educational use only. Not a buy/sell recommendation.