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Technicals for SKF India Limited
By MusingTheNews
2025-09-05 20:41
Overall Technical outlook
Price Summary
SKF India Limited had a phenomenal day at the stock market, and its shares increased 3.79%. SKF India Limited's stock opened at 4700.0 on 2025-09-05, surged to 4919.0, dropped to 4700.0, and ended 3.79% higher at 4878.1, with 467709 shares traded. In the 52-week period, the stock's peak price is 5459.4, and the lowest price recorded is 3638.8. The expected price range is between 4490.0 and 5996.0, with a mean anticipated price of 5121.3, according to 10 analysts.
Technicals
Support and Resistance: The price is currently at 4878.1, supported by 4842.4 and resisted by 4969.6. This indicates a range where 4842.4 may provide a base for the price, while 4969.6 serves as a cap on further upward movement for SKFINDIA. Support/Resistance for SKFINDIA
Aroon: The continuation of Aroon's bullish trend, with Aroon Up holding steady at the 100 level, signals strong market momentum. However, further analysis with other indicators is essential to assess the trend's long-term viability and potential for continued growth. Aroon chart for SKF India Limited
Bol. Bands: In a bullish development, the current price for SKFINDIA has crossed above the upper Bollinger Band in its latest move. This breakout signals heightened buying pressure, driving the price beyond its normal range. Traders may interpret this as a sign of strong market momentum, which could result in continued upward movement. Bolinger Bands chart for SKF India Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for SKF India Limited
Stochastic: The stochastic indicator for SKFINDIA reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for SKF India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for SKF India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. 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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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