KIRLOSENG - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.1

📈 KIRLOSENG is trending upward with strong momentum indicators and trading above key moving averages, though volume divergence and resistance near highs suggest caution.

📊 Technical Analysis

• Trend: The stock is trending upward, trading above both 50 DMA (₹918) and 200 DMA (₹900), indicating a strong bullish trend.
• Moving Averages: Price is well above key averages, confirming sustained upward momentum.
• RSI (68.3): Approaching overbought territory, suggesting strong momentum but potential for short-term consolidation.
• MACD (22.8): Strongly positive, reinforcing bullish sentiment.
• Bollinger Bands: Price is near the upper band, indicating strength but also increased volatility.
• Volume: Current volume (2.24L) is significantly below 1-week average (14.07L), suggesting weakening participation.

Sources: TopStockResearch

TSR

, DailyBulls

tick.dailybulls.in

🎯 Entry & Exit Zones

• Support Zone: ₹980 – ₹1,000 (recent base and psychological level)
• Resistance Zone: ₹1,050 – ₹1,100 (swing highs and upper Bollinger band)
• Optimal Entry: ₹990 – ₹1,015 (on pullback with RSI holding above 60)
• Exit Target: ₹1,080 – ₹1,120 (short-term breakout zone)

✅ Positive

• Strong ROCE (18.4%) and ROE (14.3%) reflect efficient capital deployment.
• EPS of ₹28.9 and PEG ratio of 1.00 suggest fair valuation for growth.
• Low debt-to-equity ratio (0.06) indicates financial stability.
• DII holding increased by 0.79%, showing domestic institutional confidence.

⚠️ Limitation

• Volume is declining despite price strength, suggesting possible exhaustion.
• RSI is nearing overbought levels, indicating potential for short-term pullback.
• Stock P/E (36.4) is slightly below industry average (40.8), suggesting moderate valuation pressure.

📉 Company Negative News

• Quarterly PAT declined from ₹106 Cr. to ₹123 Cr., a drop of 8.85%.
• FII holding decreased by 0.13%, indicating cautious foreign sentiment.

📈 Company Positive News

• Stock has gained 67.9% over the past year, reflecting strong investor interest.
• MACD and RSI indicate bullish momentum supported by strong fundamentals.

🏭 Industry

• Industry P/E is 40.8, slightly higher than KIRLOSENG’s, suggesting relative undervaluation.
• Industrial machinery sector is cyclical and driven by infrastructure demand and capital expenditure trends.

🧾 Conclusion

• KIRLOSENG is currently trending with strong technical indicators and bullish sentiment.
• Short-term traders should monitor RSI and volume for breakout confirmation above ₹1,050.
• Long-term investors may consider accumulating near ₹1,000 with a target of ₹1,120, maintaining stop-loss below ₹980.