TIMKEN - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.5

Here’s a detailed technical breakdown of TIMKEN India Ltd.

📊 Trend Analysis

Current Price: ₹3,155 is below the 50-DMA (₹3,279) and slightly above the 200-DMA (₹3,141) — indicating short-term weakness but long-term support.

52-Week Range: ₹2,200 – ₹4,438, with current price ~29% below the high — suggests downtrend continuation.

Trend Status: Reversing from a recent downtrend, but confirmation is pending.

📈 Momentum Indicators

RSI (35.6): Approaching oversold territory, signaling potential reversal if supported by volume.

MACD (4.23): Positive, but flattening — momentum is weakening, not a strong buy signal yet.

Volume: Slightly below 1-week average, indicating low conviction in current price action.

📉 Moving Averages

Indicator Value Signal

50-DMA ₹3,279 Price below — short-term resistance

200-DMA ₹3,141 Price slightly above — long-term support

📌 Bollinger Bands

Price is near lower band, suggesting oversold conditions and potential bounce.

No squeeze pattern, but volatility is moderate.

📍 Support & Resistance Zones

Level Price (₹) Type

Support 1 3,120–3,140 Near 200-DMA

Support 2 3,000–3,020 Psychological & historical

Resistance 1 3,279–3,300 50-DMA zone

Resistance 2 3,440–3,500 Previous swing highs

🎯 Entry & Exit Zones

Optimal Entry: ₹3,120–3,140 (near 200-DMA support)

Exit Target: ₹3,279–3,300 (first resistance); ₹3,440+ if breakout occurs

Stop Loss: ₹3,000 (below psychological support)

🔍 Short-Term Signals

Bearish RSI with MACD flattening suggests weak momentum.

Reversal possible if RSI rebounds and price holds above 200-DMA.

Watch for volume spike and MACD crossover for confirmation.

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