After a steady fall, price has been in a trading range for a while now. After a potential Wyckoff Spring, price has gotten back swiftly into the trading range. A breakout past the upper end of the range at 78-ish would be a bullish outcome.
SKM eggs is seen in free fall from some time. Fundamentally, a very good company.
This call is for investors only. For investment pupose you can accumulate the stock in the range of 23-43 for long term gains.
It is approaching this zone.
SKM Egg Products Export (India) Ltd. engages in the manufacture of egg products. Its products include egg powder, bakery mix, and liquid egg. The company was founded by S. K. M. Maeilanandhan on April 6, 1995 and is headquartered in Erode, India.