Kirloskar Oil Engines Ltd – Bullish Reversal Setup

📊 Kirloskar Oil Engines Ltd – Bullish Reversal Setup
The stock is showing a falling-wedge pattern near key support, with signs of recovery and improving momentum.
🔎 Technical View:
• Falling-wedge formation
• Support holding near ₹2,074–₹1,999
• Price attempting to reclaim ₹2,150–₹2,175
• Momentum showing early recovery
🔑 Key Levels:
• Support: ₹2,074 – ₹1,999
• Major Support: ₹1,923
• Resistance: ₹2,175 – ₹2,225
🚀 Upside Targets:
• ₹2,300
• ₹2,451
• ₹2,603+
📉 Risk: Breakdown below ₹1,999 may weaken the setup.
📈 Trading View:
👉 Sustained move above ₹2,225 can strengthen the bullish setup towards higher levels.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊