📊 Kirloskar Oil Engines Ltd – Falling Wedge Setup
The stock is consolidating inside a falling wedge near key support, with a possible bullish reversal on breakout.
🔎 Technical View:
• Falling wedge pattern visible
• Support zone holding near ₹2,050–1,995
• Momentum remains weak but stabilizing
🔑 Key Levels:
• Support: ₹2,050–1,995
• Resistance: ₹2,110–2,225
🚀 Targets: ₹2,293 | ₹2,341 | ₹2,455+
📉 Risk: Below ₹1,995, weakness may continue.
📈 View: Breakout above ₹2,225 can trigger fresh bullish momentum.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊