Details:
Asset: Timken India Ltd
Breakout Level: 2800 (Channel + 100 DMA)
Potential Target: 3500
Stop Loss: Below 2750 or as per risk management
Timeframe: Medium-term
Rationale: Timken India has given a dual breakout — crossing both its 100-day moving average and channel resistance above 2800. This indicates strong bullish potential toward the 3500 mark.
Market Analysis:
Technical Setup: Confluence of moving average and channel breakout is a strong bullish signal.
Sector Outlook: Industrial and manufacturing sector tailwinds, particularly in railway and heavy equipment segments, favor Timken’s long-term growth.
Risk Management:
Stop loss just below 2750 to reduce downside risk.
Timeframe:
Medium-term outlook, based on breakout confirmation and sectoral momentum.
Risk-Reward Ratio:
Strong setup with high upside potential and well-defined risk level.
Track volume support for continued momentum above 2800.
Asset: Timken India Ltd
Breakout Level: 2800 (Channel + 100 DMA)
Potential Target: 3500
Stop Loss: Below 2750 or as per risk management
Timeframe: Medium-term
Rationale: Timken India has given a dual breakout — crossing both its 100-day moving average and channel resistance above 2800. This indicates strong bullish potential toward the 3500 mark.
Market Analysis:
Technical Setup: Confluence of moving average and channel breakout is a strong bullish signal.
Sector Outlook: Industrial and manufacturing sector tailwinds, particularly in railway and heavy equipment segments, favor Timken’s long-term growth.
Risk Management:
Stop loss just below 2750 to reduce downside risk.
Timeframe:
Medium-term outlook, based on breakout confirmation and sectoral momentum.
Risk-Reward Ratio:
Strong setup with high upside potential and well-defined risk level.
Track volume support for continued momentum above 2800.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.