Overall Technical outlook

Price Summary

SKF India Limited's stock spiked 2.45% today, marking a outstanding performance in the market.
SKF India Limited's stock began trading at 4583.9 on 2025-05-30, soared to 4787.0, dipped to 4583.9, and finished the day 2.45% up at 4696.0, with 128805 shares exchanged.
The stock reached its highest price of 6921.2 and lowest price of 3638.8 over the last 52 weeks.
The expected price range is between 3565.0 and 5870.0, with a mean anticipated price of 4638.1, according to 10 analysts.

Technicals

Support and Resistance: At 4696.0, the price is supported by 4576.5 and resisted by 5102.6. This indicates that the price for SKF India Limited might fluctuate between these levels, with 4576.5 acting as a support and 5102.6 limiting further upward movement.
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Support/Resistance for SKFINDIA


Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating sustained market strength for SKFINDIA. This trend warrants further exploration alongside other indicators to fully understand its implications and potential future direction.
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Aroon chart for SKF India Limited


Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Bolinger Bands chart for SKF India Limited


Parabolic SAR: The recent shift in the PSAR from bearish to bullish suggests a potential trend reversal. If this move aligns with signals from other indicators, it could indicate a strong bullish trend. Investors should consider this reversal as a possible opportunity, particularly if supported by a broader market trend.
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Parabolic Stop and Reverse chart for SKF India Limited


Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for SKFINDIA, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength.
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Stochastic chart for SKF India Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
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Tripple SMA chart for SKF India Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.