Buy KEC Intl, target 140: Swati Hotkar

Swati Hotkar, technical research analyst at Nirmal Bang Securities is positive on KEC International. The expert has recommended traders to buy the stock with a target of Rs 140 and maintain a stop loss at Rs 126 in intraday trade. The stock has hit a high of Rs 131.50 and low of Rs 126.95 in trade so far. The stock has breached its 20-day moving average and is headed north towards its 200-day moving average of Rs 133.74.