SKFINDIA

Showing Early Reversal Signs

appears to be forming a base after a prolonged downtrend, with price stabilizing around the ₹1,700–1,750 zone. The recent bounce from lower levels indicates emerging buying interest and potential short-term reversal momentum. RSI has moved above mid-levels, suggesting improving strength, while the downside momentum seems to be fading. If the stock sustains above ₹1,800, it could witness further recovery toward ₹1,950–2,000. The bias turns cautiously bullish, provided it holds above ₹1,700 support.