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Umang Bhutada

14th Jun · SEBI-Registered Analyst

Schaeffler India – Swing

SCHAEFFLER
Important Levels: Support: 3,850 – 3,700 Resistance: 4,250 – 4,450 Structure: Consolidation near breakout zone Business: Leading bearings and industrial solutions manufacturer Beneficiary of auto and manufacturing growth Strong parentage and technology advantage Earnings: Consistent profitability Strong return ratios Healthy demand outlook Verdict: 👉 High-quality auto ancillary play 👉 Attractive swing candidate

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