Chart Check: Down nearly 20% from highs! This heavy electrical equipment maker has given Double Bottom breakout; time to buy?

Chart Check: Down nearly 20% from highs! This heavy electrical equipment maker has given Double Bottom breakout; time to buy?

KEC International Ltd, part of the capital goods space, has fallen by about 20 per cent from its recent October 2021 highs, but a double bottom breakout in July on the daily charts suggests that bulls are trying to take control. Short-term investors can look at buying the stock now or on dips for a … Read more

Big Movers on D-St: What should investors do with MindTree, DRL and KEC International?

Big Movers on D-St: What should investors do with MindTree, DRL and KEC International?

The Indian market closed in the red for the third consecutive day on Wednesday. The S&P BSE Sensex fell by nearly 400 points while the Nifty50 closed below 16,000 levels. Sectorally, buying was seen in healthcare, FMCG, metals, and the public sector, while selling was seen in power, utilities, oil & gas, and energy stocks. … Read more