SKF India Ltd Technically, the stock has registered a strong price level on the daily technical chart. After consolidating for about 30 days, the stock has bounced well off its MACD and OBV and is trading at the previous swing high.
Its 14-day RSI is at (71.22) and its ADX is at (30.03) above its previous swing high and is showing strong strength. Its OBV points upwards and provides positive confirmation.
Today, the price per share of the company rose by 1.94% to Rs.5089.75. And it is predicted that the price of this stock will increase in the future. And traders may add the stock to their watchlist to track its growth.
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