Analyst recommends selling KEI on expected downside break of a triangle pattern, targeting 3150 with stop loss at 3730

Wed 30 Sep 2026

Target price

3150

Stop loss

3730

Heard on Live TV News Channel between 11:21:40 - 11:22:55 IST.

• Somil Mehta of Mirae Asset Sharekhan said KEI is already in a downtrend, forming a small triangle pattern on daily charts and taking resistance at the 40-day moving average.
• He expects the triangle to break on the downside.
• Target price given as 3150 with a stop loss of 3730.

The call above is Somil Mehta, Mirae Asset Sharekhan's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.