Kirloskar Oil Engines Ltd — Weekly View

Technical Analysis Long-term structure remains uptrend, but price is currently in a pullback after a strong rally. Stock broke out above the ₹990–1,000 zone and successfully retested it — confirming trend continuation. Recent rejection from ₹1,280–1,300 area indicates supply pressure near resistance. As long as price holds above the breakout zone, structure remains constructive. Key Levels Support: ₹1,085 → ₹990 → ₹825 Resistance: ₹1,280 → ₹1,370 → ₹1,450 Fundamental Analysis Leading manufacturer of diesel engines, gensets and agri-industrial engines. Beneficiary of infrastructure, agriculture and power backup demand. Strong brand presence in industrial & rural segments. Cyclical in nature — earnings linked to capex and rural demand cycle. Summary View Structurally bullish with healthy breakout & retest. Short-term consolidation near resistance, not a trend reversal. Medium-term trend remains positive if breakout zone holds.