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Technicals for SKF India Limited
By MusingTheNews
2025-08-15 20:53
Overall Technical outlook
Price Summary
On 2025-08-14, SKF India Limited's stock started at 4486.0, soared to 4502.2, dropped to 4424.6, and finished the day -1.14% lower at 4435.0, with a trading volume of 60030 shares. The top price for the stock in the last 52 weeks is 5459.4, with the bottom price being 3638.8. Analysts expect the price of SKFINDIA to vary between 4490.0 and 5996.0, with an average expected price near 5121.3.
Technicals
Support and Resistance: The price of 4435.0 is supported at 3829.75 and faces resistance at 4458.4. This range suggests key levels for SKFINDIA where the price may stabilize, with 3829.75 acting as a support and 4458.4 as a cap on gains. Support/Resistance for SKFINDIA
Aroon: The current state of the AROON is neutral for SKFINDIA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for SKF India Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for SKF India Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for SKFINDIA. Parabolic Stop and Reverse chart for SKF India Limited
Stochastic: The stochastic indicator for SKFINDIA shows the K-line crossing over the D-line while remaining below 20, which is generally seen as the start of a bullish move. This setup indicates that the market may be emerging from a lower level, potentially signaling the beginning of an uptrend. Traders could view this as an early buying signal. Stochastic chart for SKF India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for SKF India Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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