Stock analysis SKF India Limited SKFINDIA
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Recent prices of SKFINDIA SKF India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 17 Fri May 2024 | 5985.15 | 5641.05 to 6090.00 | 5.75% | 1.21 times |
| 16 Thu May 2024 | 5659.50 | 5330.60 to 5849.00 | 6.21% | 1.89 times |
| 15 Wed May 2024 | 5328.75 | 5049.00 to 5375.00 | 6.5% | 0.87 times |
| 14 Tue May 2024 | 5003.55 | 4981.50 to 5103.00 | -1.18% | 0.32 times |
| 13 Mon May 2024 | 5063.40 | 5015.00 to 5190.00 | 1.34% | 0.49 times |
| 10 Fri May 2024 | 4996.40 | 4914.05 to 5121.95 | 0.96% | 0.89 times |
| 09 Thu May 2024 | 4948.65 | 4841.40 to 5100.00 | 8.25% | 4.53 times |
| 08 Wed May 2024 | 4571.45 | 4562.00 to 4676.85 | -1.32% | 0.1 times |
| 07 Tue May 2024 | 4632.65 | 4591.00 to 4710.95 | -0.52% | 0.35 times |
| 06 Mon May 2024 | 4656.75 | 4612.15 to 4690.00 | 0.55% | 0.46 times |
| 03 Fri May 2024 | 4631.20 | 4615.85 to 4754.95 | -1.77% | 0.1 times |
| 02 Thu May 2024 | 4714.85 | 4625.05 to 4790.00 | 1.91% | 0.86 times |
Technical analysis forecast of SKF India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in SKF India Limited SKFINDIA at this time. Stock is rising and might rise more.
It appears as if SKF India Limited SKFINDIA gave a large move recently.
Stock of SKF India Limited (SKFINDIA) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
Although my analysis for SKF India Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5818.8, for a target of 5353.9 or 4966.54