Timken India broke out from its resistance some time back and after breaking its resistance became support and as this is fresh retest it help itself beautifully.(Marked with big circles.)
After retest it made a w pattern which is again a beautiful sign that stock does not want to go down.
Small circles denote the present resistance at 1130. It has already tested it twice and reached there for the third time.
Volume in today's candle is also pumping up.
A break above 1130 might give some wings to this stock.
Keep an eye folks and Cheers.
After retest it made a w pattern which is again a beautiful sign that stock does not want to go down.
Small circles denote the present resistance at 1130. It has already tested it twice and reached there for the third time.
Volume in today's candle is also pumping up.
A break above 1130 might give some wings to this stock.
Keep an eye folks and Cheers.