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Timken India has established a strong support zone around ₹3578, coinciding with the 50 EMA, providing a robust base for further upward momentum. The stock is trading above this support, and the RSI is showing positive divergence, indicating growing bullish momentum. A successful breakout above ₹4000 could propel the stock towards the ₹4500-₹4700 range in the near term. Traders should watch for increased volume on the breakout for confirmation.
Timken India has established a strong support zone around ₹3578, coinciding with the 50 EMA, providing a robust base for further upward momentum. The stock is trading above this support, and the RSI is showing positive divergence, indicating growing bullish momentum. A successful breakout above ₹4000 could propel the stock towards the ₹4500-₹4700 range in the near term. Traders should watch for increased volume on the breakout for confirmation.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.