Stock analysis SKIPPER LTD INR1 SKIPPER
Recent prices of SKIPPER SKIPPER LTD INR1 are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for SKIPPER LTD INR1 Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT SKIPPER LTD INR1 SKIPPER at this time. Stock is falling and might fall more.
It appears as if SKIPPER LTD INR1 SKIPPER gave a large move recently.
Stock of SKIPPER LTD INR1 (SKIPPER) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of SKIPPER LTD INR1 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if SKIPPER LTD INR1 stays below 237, but if it comes above 237, then a intra day buy could be more profitable.
If you take a sell trade below 237, then use 237 as stoploss and 225.2 as target. However if you take a buy trade in SKIPPER LTD INR1, then use 237 as stoploss and 246.79 as target.