KIRLOSBROS - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.1

Here’s a detailed technical analysis of Kirloskar Brothers Ltd (KIRLOSBROS) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bearish to Consolidation

Price Action: Trading below 50 DMA (₹2,019) and hovering just above 200 DMA (₹1,872) — suggests weakening momentum with potential base formation.

52W Index (48.5%): Price has retraced nearly half from its 52-week high (₹2,486), indicating a loss of bullish steam.

📈 Momentum Indicators

RSI (38.2): Weak — nearing oversold territory, but not yet signaling reversal.

MACD (-16.8): Negative — confirms bearish momentum.

Volume: Slightly above 1-week average — may indicate speculative interest or early accumulation.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — suggests oversold condition but not a confirmed bounce.

Volatility: Moderate — price swings are present but not extreme.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 1,870–1,900 (near 200 DMA)

Strong Support 1,800–1,820 (previous base)

Resistance 1 2,019 (50 DMA)

Resistance 2 2,100–2,150 (supply zone)

Resistance 3 2,300+ (psychological level)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,870–₹1,940 (if price stabilizes near 200 DMA)

Exit / Profit Booking: ₹2,020–₹2,150 (if price rebounds toward resistance)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest bearish undertone.

Trendline: Price breaking below short-term support — confirms downtrend.

Consolidation: Possible — if price holds near ₹1,900 with volume support.

Would you like to compare this with other industrial or engineering stocks showing stronger setups? I can help you spot the ones building up for a breakout. 🏗️📈

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