KIRLOSENG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | KIRLOSENG | Market Cap | 24,686 Cr. | Current Price | 1,698 ₹ | High / Low | 1,747 ₹ |
| Stock P/E | 52.7 | Book Value | 219 ₹ | Dividend Yield | 0.38 % | ROCE | 18.4 % |
| ROE | 14.3 % | Face Value | 2.00 ₹ | DMA 50 | 1,473 ₹ | DMA 200 | 1,212 ₹ |
| Chg in FII Hold | 2.34 % | Chg in DII Hold | -1.52 % | PAT Qtr | 99.3 Cr. | PAT Prev Qtr | 141 Cr. |
| RSI | 68.1 | MACD | 77.0 | Volume | 4,69,982 | Avg Vol 1Wk | 5,61,826 |
| Low price | 662 ₹ | High price | 1,747 ₹ | PEG Ratio | 1.45 | Debt to equity | 0.03 |
| 52w Index | 95.5 % | Qtr Profit Var | 52.6 % | EPS | 32.4 ₹ | Industry PE | 39.3 |
📈 Chart Patterns: KIRLOSENG is trending strongly upward, trading well above both 50 DMA and 200 DMA, showing strong bullish bias with resistance near 1,730–1,750 ₹.
📊 Moving Averages: Price above 50 DMA (1,473 ₹) and 200 DMA (1,212 ₹), confirming strong short and medium-term momentum.
📉 RSI: At 68.1, RSI indicates bullish momentum but nearing overbought territory.
📈 MACD: Strongly positive at 77.0, confirming robust bullish momentum.
📊 Bollinger Bands: Price near upper band, suggesting strong momentum but risk of short-term pullback.
📉 Volume Trends: Current volume (4.7L) slightly below weekly average (5.6L), showing moderate participation.
🔑 Short-Term Momentum Signals: Strong bullish signals supported by MACD and RSI, but volume weakness tempers conviction.
🎯 Entry Zone: 1,670–1,690 ₹ near support levels.
🎯 Exit Zone: 1,730–1,750 ₹ near resistance and 52-week high.
📌 Trend Status: Strongly trending upward.
Positive
- Strong ROCE (18.4%) and ROE (14.3%).
- Low debt-to-equity ratio (0.03).
- EPS at 32.4 ₹ supports valuation strength.
- FII holdings increased (+2.34%), showing foreign investor confidence.
- Price trading well above both 50 DMA and 200 DMA confirms momentum.
Limitation
- High P/E of 52.7 compared to industry PE of 39.3, indicating premium valuation.
- Quarterly PAT decline (141 Cr. → 99.3 Cr.).
- RSI nearing overbought territory, limiting upside potential.
- Volume slightly below average, reducing breakout conviction.
Company Negative News
- Sequential decline in quarterly PAT.
- DII holdings decreased (-1.52%).
Company Positive News
- EPS remains strong at 32.4 ₹.
- FII inflows (+2.34%) highlight foreign investor confidence.
- Stock trading near 52-week highs, reflecting strong sentiment.
Industry
- Industry PE at 39.3, lower than KIRLOSENG’s P/E of 52.7, suggesting premium valuation.
- Sector momentum strong with 52-week index at 95.5%.
Conclusion
KIRLOSENG is trending strongly upward with bullish signals supported by MACD, RSI, and FII inflows. Entry near 1,670–1,690 ₹ offers favorable positioning, while exits around 1,730–1,750 ₹ capture resistance levels. Strong fundamentals support optimism, but stretched valuation and sequential profit decline warrant disciplined risk management.