Stock Radar: Kirloskar Brothers stock down 30% from highs, but double bottom pattern signals bullish reversal

  • Posted on May 15, 2025
  • By Business News Today
  • 1 Views
Stock Radar: Kirloskar Brothers stock down 30% from highs, but double bottom pattern signals bullish reversal

Kirloskar Brothers Limited is showing signs of recovery. The stock formed a double bottom pattern, indicating a potential trend reversal. Experts suggest a buy for short-term traders. The target is Rs 2,200 in 3-4 months. The stock is trading above key moving averages. The RSI is at 65, showing positive momentum. A breach of Rs 1,850 could validate the uptrend.
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