KEI Industries tests support below the Ichimoku cloud

KEI Industries closed near ₹4,482 after another weak session, keeping the stock below its key Ichimoku references. Price is under the conversion line around ₹4,617.50, the base line near ₹4,592.10 and the lower cloud boundary around ₹4,604.80. This cluster has become immediate overhead resistance, showing that the sharp correction from the ₹5,700–5,800 region has not yet been technically repaired.

₹4,450–4,400 area is the first support band to monitor. Recent candles have stabilised close to this zone, but a decisive break below it could extend the fall toward ₹4,300–4,250. The latest price action does not yet show a clear higher-low pattern, so the base remains tentative rather than confirmed. For the recovery case to strengthen, KEI first needs to reclaim ₹4,590–4,620, where the base line, conversion line and cloud edge are concentrated. A move through that zone would reduce the immediate bearish pressure, while a larger reversal needs a sustained break above the upper cloud region near ₹5,160. KEI’s cable-and-wire exposure gives it a growth-linked sector profile, but the chart is currently driven by correction dynamics. The disciplined read is to respect ₹4,400 as support and wait for a recovery through ₹4,620 before treating the present pullback as complete.