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Technicals for SKF India Limited
By MusingTheNews
2025-06-13 20:53
Overall Technical outlook
Price Summary
On 2025-06-13, SKF India Limited's shares started at 4610.0, peaked at 4678.0, bottomed out at 4570.4, and ended 0.8% higher at 4646.9, with 28537 shares traded. The stock's peak price over the last 52 weeks is 6921.2, with the lowest being 3638.8. Future price predictions suggest a range between 3565.0 and 5870.0, with an average expected price of 4638.1, as per 10 analysts.
Technicals
Support and Resistance: The price for SKFINDIA is 4646.9, with support at 4576.5 and resistance at 4734.2. This suggests a range where 4576.5 acts as a base, preventing declines, and 4734.2 caps gains, defining key trading levels. Support/Resistance for SKFINDIA
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for SKF India Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for SKF India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for SKFINDIA, with no strong trend emerging. Bolinger Bands chart for SKF India Limited
Parabolic SAR: The PSAR has just reversed from bullish to bearish for SKF India Limited, suggesting a possible trend change. If supported by a broader market trend, this could be a very bearish signal. Traders should monitor other indicators for confirmation before taking action based on this reversal. Parabolic Stop and Reverse chart for SKF India Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for SKF India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages indicates a bearish trend for SKFINDIA, but the wavering slopes of the 20 and 50 SMAs suggest that this momentum may be fading. This weakening could be a precursor to a bullish reversal, as the market's current downtrend shows signs of losing steam. Investors may soon see a shift towards more positive price action as the trend begins to change. Tripple SMA chart for SKF India Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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