KIRLOSENG - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 4.1

📊 Chart Patterns & Trend: KIRLOSENG is trading well above both its 50 DMA (1,077 ₹) and 200 DMA (962 ₹), showing strong bullish momentum. Price action suggests the stock is in a trending phase near its 52-week high (1,303 ₹).

📈 Moving Averages: Current price (1,246 ₹) is comfortably above both 50 DMA and 200 DMA, confirming an uptrend. Resistance lies around 1,300–1,310 ₹.

📉 RSI: At 72.0, RSI indicates overbought conditions, suggesting caution for potential short-term pullbacks.

📈 MACD: Positive at 47.2, confirming bullish momentum and signaling continuation of the uptrend.

📊 Bollinger Bands: Price is near the upper band, reflecting strong buying interest but also risk of volatility.

📉 Volume Trends: Current volume (18,28,459) is below average weekly volume (30,60,354), showing reduced participation despite price strength.

🎯 Entry Zone: 1,200–1,225 ₹ (near 50 DMA support).

🎯 Exit Zone: 1,300–1,310 ₹ (near resistance and 52-week high).

⚡ Momentum: Strong, with bullish signals but short-term caution due to overbought RSI.

Positive

• Quarterly PAT growth of 26.8% (141 Cr vs 123 Cr) highlights strong operational performance.
• EPS at 31.0 ₹ indicates solid earnings power.
• Strong ROCE (18.4%) and ROE (14.3%) reflect efficient capital and equity utilization.
• Low debt-to-equity ratio (0.03) ensures financial stability.
• DII holdings increased (+0.79%), showing domestic institutional confidence.

Limitation

• RSI at 72.0 indicates overbought conditions, raising risk of short-term correction.
• FII holdings decreased (-0.13%), showing reduced foreign investor confidence.
• Lower trading volumes compared to average may limit breakout strength.
• High P/E ratio (41.7) compared to industry average (39.1), suggesting premium valuation.

Company Negative News

• FII stake reduction (-0.13%) indicates slight decline in foreign investor interest.
• Lower trading volumes compared to average may limit breakout strength.

Company Positive News

• Quarterly PAT growth of 26.8% highlights strong earnings momentum.
• DII stake increase (+0.79%) shows confidence from domestic institutions.
• Low debt levels provide financial stability and flexibility.

Industry

• Industry PE at 39.1 is slightly lower than KIRLOSENG’s PE (41.7), showing premium valuation.
• Engineering and industrial sector demand remains strong, supported by infrastructure and manufacturing growth.

Conclusion

⚖️ KIRLOSENG is currently in a strong uptrend, trading above key moving averages with bullish MACD and high RSI. Entry opportunities lie near 1,200–1,225 ₹, with resistance around 1,300–1,310 ₹. Fundamentally strong with profit growth, ROCE/ROE efficiency, and low debt, but technically cautious due to overbought RSI and reduced volume participation. Best suited for medium-to-long term investors; traders should monitor for short-term corrections before entry.