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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.
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.
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.
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.