Timken has been stagnant from few months and has been showing moves in a channel. Indication showing that it is nearing breakout of the channel.
Can give good move its move is supported by good volumes. Looking for up levels of 3850-4060-4240 and with the base support at 3091-2865. One concerning thing is current move not supported by volume and we have a gap at level of 2111 which has not been filled. It has already given 1000+ points in past 2 months