Friday, December 23, 2011

Titan Industries Ltd. | 23-Dec-2011

 


Here is a technical chart of Titan Industries Ltd., listed on Indian stock exchange, using Ichimoku Kinko Hyo indicator.


 


  



 


 


 


Titan industries Ltd. stock has given some rally in last 1 week time. But on weekly chart, it is about to enter high resistance area of Kumo. This range is from 178-204. Chikou-Span (CS) line is also touching kumo. I suggest to buy this stock ONLY when it closes above 204. 189 will be the immediate resistance now.

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