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Timken India

Discussion in 'Technical Analysis' started by masihpatel, Aug 1, 2012.

  1. masihpatel

    masihpatel Active Member

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    Dear Shabbir, Is this stock is about to form W, as first leg bottom is 185 (04/06/12) and second leg bottom (start of formation)is also 185(27/07/12) and middle top is 237 (19 /07/12)? I am in loss, bought @229. What will be your advise shall I hold or exit?:confused: Thanyou
     
    masihpatel, Aug 1, 2012
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  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    185-181 is good support for timken if break then may slide down upto 160
    Be care full.
     
    sanjay_sansanwal, Aug 1, 2012
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  3. shabbir

    shabbir Administrator Staff Member

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    My advice is same as Sanjay kumar. Stop loss of 180 you should be following.
     
    shabbir, Aug 2, 2012
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  4. masihpatel

    masihpatel Active Member

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    Nice jump today.
     
    masihpatel, Aug 2, 2012
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  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Good 4 u, keep revise stop loss in regular intervals.
     
    sanjay_sansanwal, Aug 2, 2012
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