Inverse head and shoulder pattern Inverse head and shoulder pattern. I h&S pattern is a bullish pattern which signifies the continuation of price for upside.
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About SKF INDIA
Sector
Producer Manufacturing
Industry
Metal Fabrication
CEO
Manish Bhatnagar
Website
skfindia.com
Headquarters
Pune
Founded
1923
ISIN
INE640A01023
SKF India Ltd. manufactures bearings and seals. Its products include Product tables, Bearings, units and housings, Seals, Lubrication solutions, Motion Technologies, Magnetic bearings/Permanent Magnet electric motors, By-wire, Maintenance products, Condition monitoring, Power transmission products and solutions, Coupling systems, Test and measuring equipment. The firm also offers Rotating Equipment Performance, Reliability engineering services, Customer training, SKF Engineering Consultancy Services, Logistics and Demand Chain, Lubrication Services, Mechanical maintenance, Remanufacturing and maintenance services, Service contracts, SKF distributor network, SKF Solution Factory and Hydraulic tension tightening. The company was founded in 1923 and is headquartered in Pune, India.
skf india: Bullish Head and Shoulder PatternStock is forming a good inverted H&S pattern
Stock may move up to next resistance level.
DISC: For educational purposes only. Please consult your financial advisor before making any decision.
#SKFINDIA#SKFINDIA - Wave 3 is confirmed
Projected 2.61% comes near 5050
RSI is in a good position and small RSI getting Over bought
SWING TRADE BEST OPERTUNITY TO BUY make position and risk is small if this trade go as plane so its give you big profit
SKFIndiaSKFIndia has been falling in parallel channel after making top
closing above 4250 is a breakout from channel. look for smooth 200-500 point move
SKFINDIASKFINDIA:- The stock has broken its lower high lower low pattern and has also given a breakout of the trendline at 4372.50. If the price sustains then we may see upside movement. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it
SKF INDIA- BULLISH~SKF has retested to all time high line.
~It is taking support on 20 W EMA line.
~After consolidation, volumes are rising.
~Low risk high reward
~Desclaimer- This is my personal view.Above information is given for the educational purpose only.
BREAKDOWN FROM SUPPORTIf stock is not bounce then more downside possible,stock on last support level
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
