KEI Industries is showing a strong bearish technical setup

KEI Industries is showing a strong bearish technical setup as the stock has broken below its rising trendline support near ₹4,450–₹4,500 and is currently trading around ₹3,870, down approximately 8.53% in the chart shown. This breakdown, accompanied by a sharp bearish candle, indicates selling pressure and a possible shift in trend; the ₹3,800–₹3,850 zone is an important near-term support area, while ₹4,400–₹4,500 may now act as resistance. Fundamentally, however, KEI Industries reported encouraging Q2 FY27 results on October 21, 2026, with revenue increasing 38.52% year-on-year to around ₹3,777 crore and net profit rising 28.96% to ₹262 crore; its pending order book stood at approximately ₹5,185 crore, supporting future business visibility. However, EBITDA margin declined to 10.62% from 11.43% a year earlier, and EPC sales also weakened, which are points to monitor. Overall, fundamentals remain supportive, but the technical structure is bearish in the short term; traders may watch whether the stock stabilises near support and reclaims the broken trendline before assuming a recovery. This is for educational purposes only, not investment advice.