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SKSTEXTILE_SM NEWS why is S K S Textiles Limited price falling or rising

SKSTEXTILE_SM NEWS reasons for why stock price of S K S Textiles Limited is falling or rising

SKSTEXTILE_SM S K is falling or rising technical reasons

Technical analysis forecast for S K Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT S K SKSTEXTILE_SM at this time. Stock is falling and might fall more.

It appears as if S K SKSTEXTILE_SM gave a large move recently.

Stock of S K (SKSTEXTILE_SM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of S K is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.6 as stoploss in an intra day buy trade for a target of 22.16. However, stock will show a bearish move below 20.6.

SKSTEXTILE_SM S K is falling or rising NEWS fundamental reasons

Earnings Estimates Keep Rising: A Closer Look The Q4 earnings season is off to a solid start, with the growth pace accelerating and most management teams painting a stable-to-positive outlook for their businesses. - NEWS as on 2026-01-22 nasdaq.com

Davos 2026: India overtakes China as Carlsberg’s key growth market Carlsberg Group is making bold moves in the Indian beer market, significantly increasing its footprint. The renowned Danish brewer is channeling substantial investments into expanding its production capabilities and rolling out a range of premium beers. Su - NEWS as on 2026-01-22 indiatimes.com

Rupee down for fifth day on dollar demand; likely RBI offers keeps record low at bay The Indian rupee extended losses to a ?fifth consecutive session on ?Tuesday as strong dollar demand continued to put pressure ?on the currency, while a fresh low was averted after likely central bank intervention. - NEWS as on 2026-01-20 indiatimes.com

Sebi clears Kissht, Alcobrew Distilleries and 4 other companies for IPO. Check full list Sebi has approved six companies, including Kissht, Alcobrew Distilleries and Indo MIM, to raise funds via IPOs over the next year. The offerings include fresh issues and promoter sales, with proceeds aimed at expansion, acquisitions, debt repayment, and co - NEWS as on 2026-01-14 indiatimes.com

TCS management says strategic investments to continue across key growth pillars Tata Consultancy Services maintained its EBIT margin at 25.2% in the December quarter. This stability was achieved despite significant exceptional costs. Management highlighted productivity gains and operational efficiencies as key drivers. The company con - NEWS as on 2026-01-13 indiatimes.com

More announcements and NEWS

SKSTEXTILE_SM S K S Textiles Limited current price & indicator signals

Moving Averages for S K S Textiles Limited

  • 5Day Average: 22.17
  • 12Day Average: 22.59
  • 20Day Average: 21.86
  • 50Day Average: 22.12
  • 100Day Average: 23
  • 150Day Average: 23.55
  • 200Day Average: 27.07

SKSTEXTILE_SM Indicators & signals

Indicator MACD (12,26,9)

22.29, 22.13, 0.19
Indicator MACD is in positive zone

Indicator ADX (14)

8.64, 31.9, 37.93
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SKSTEXTILE_SM S K S Textiles Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Wed Sep 2022 21.00 21.00 to 21.00 -3.89% 0.4 times
14 Wed Sep 2022 21.85 21.85 to 21.85 -4.79% 2 times
13 Tue Sep 2022 22.95 20.90 to 22.95 4.32% 0.8 times
05 Mon Sep 2022 22.00 22.00 to 22.00 -4.56% 0.4 times
05 Fri Aug 2022 23.05 23.05 to 23.05 -4.95% 0.4 times
11 Mon Jul 2022 24.25 24.25 to 24.25 -4.9% 0.4 times
03 Fri Jun 2022 25.50 25.00 to 25.50 4.94% 0.8 times
02 Thu Jun 2022 24.30 22.10 to 24.30 4.97% 2.8 times
01 Wed Jun 2022 23.15 23.10 to 23.15 4.99% 1.2 times
31 Tue May 2022 22.05 22.05 to 22.05 5% 0.4 times
30 Mon May 2022 21.00 21.00 to 21.00 5% 0.8 times
27 Fri May 2022 20.00 20.00 to 20.00 4.99% 0.8 times

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SKSTEXTILE_SM NEWS why is S K S Textiles Limited price falling or rising

 

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