KIRLOSENG - Technical Analysis

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

Technical Rating: 3.8

Here’s a detailed technical analysis of Kirloskar Oil Engines Ltd (KIRLOSENG) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Mild Bullish to Consolidation

Price Action: Trading above both 50 DMA (₹872) and 200 DMA (₹886) — suggests bullish undertone.

52W Index (43.8%): Price has recovered moderately from its 52-week low (₹544), but still far from the high (₹1,405).

📈 Momentum Indicators

RSI (56.8): Neutral to bullish — indicates strength without being overbought.

MACD (16.1): Positive — confirms upward momentum and trend continuation.

Volume: Below 1-week average — suggests mild consolidation or lack of strong buying interest.

📉 Volatility & Bands

Bollinger Bands: Price likely near middle to upper band — signals strength but not breakout.

Volatility: Moderate — price action is steady with room for directional movement.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 886–900 (near 200 DMA)

Strong Support 850–870 (previous base)

Resistance 1 940–960 (recent swing high)

Resistance 2 1,000–1,050 (psychological level)

Resistance 3 1,200+ (long-term breakout zone)

🎯 Entry & Exit Zones

Optimal Entry: ₹886–₹921 (on pullbacks near support)

Exit / Profit Booking: ₹960–₹1,050 (if price approaches resistance zones)

🔍 Short-Term Signals

Momentum: Building — RSI and MACD support bullish continuation.

Trendline: Price holding above key averages — confirms bullish structure.

Consolidation: Mild — price may range between ₹900–₹940 before breakout.

Would you like to compare this with other industrial or engine manufacturing stocks showing stronger breakout setups? I can help you spot the ones revving up for a rally. 🔧📈

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