KEC INT'L LTD; UP 48% IN LESS THAN A MONTH

KEC INTERNATIONAL LTD  CMP 47.2

• On the upside, resistances at 51.2 followed by a major one at 59, breaking which, at 66. A breakout above 66 would easily take it to 83 levels
• On the downside, supports at 41 approx followed by 39 and then a strong support at 37 levels.
• Investors buy and hold for possible targets of 85 odd within 12 months, assumung favourable economic macros.