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Stock analysis SKF India Limited SKFINDIA

More indepth analysis on MunafaSutra.com

Moving Averages for SKF India Limited

  • 5Day Average: 4611.36
  • 12Day Average: 4588.1
  • 20Day Average: 4542.08
  • 50Day Average: 4449.08
  • 100Day Average: 4523.72
  • 150Day Average: 4663.1
  • 200Day Average: 4791.46

SKFINDIA Indicators & signals

Indicator MACD (12,26,9)

4573.61, 4515.96, 52.45
Indicator MACD is in positive zone

Indicator ADX (14)

39.46, 32.01, 13.9
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SKFINDIA SKF India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 4626.55 4556.10 to 4699.75 1.88% 0.98 times
29 Mon Apr 2024 4541.30 4527.45 to 4618.10 -1.27% 0.77 times
26 Fri Apr 2024 4599.55 4562.00 to 4692.40 -1.49% 0.78 times
25 Thu Apr 2024 4669.05 4624.10 to 4815.20 1.05% 1.21 times
24 Wed Apr 2024 4620.35 4600.00 to 4639.40 0.33% 0.39 times
23 Tue Apr 2024 4605.20 4561.50 to 4633.70 0.7% 0.36 times
22 Mon Apr 2024 4573.30 4451.00 to 4639.45 -0.26% 0.97 times
19 Fri Apr 2024 4585.40 4465.05 to 4622.80 -0.2% 2.43 times
18 Thu Apr 2024 4594.50 4465.95 to 4625.00 3.07% 1.78 times
16 Tue Apr 2024 4457.70 4448.00 to 4554.95 -2.18% 0.57 times
15 Mon Apr 2024 4556.95 4529.20 to 4630.00 -1.52% 0.75 times
12 Fri Apr 2024 4627.30 4560.00 to 4779.00 1.61% 3.86 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!

My analysis of SKF India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if SKF India Limited stays above 4614.3, but if it comes below 4614.3, then a intra day sell could be more profitable.
If you take a sell trade below 4614.3, then use 4614.3 as stoploss and 4535.26 as target. However if you take a buy trade in SKF India Limited, then use 4614.3 as stoploss and 4709.2 as target.

More indepth analysis on MunafaSutra.com