BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
RELIANCE POWER, SUZLON ENERGY LTD, YES BANK, JAIN IRRIGATION, PC JEWELLER LIMITE, VODAFONE IDEA LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As seen on Timken weekly chart, every correction from the peak took almost 48 weeks to form a bottom. Going by the same pattern we can expect it rally beyond all time high.
Buy on dips towards 630-600 zone maintaining SL at 540
Moving towards 61.8 fibo level
Let's track this around 460-470 levels if retraces up!
Need couple of weeks closure above 650
to confirm the pattern
Positional Target:- 900