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.
Titan Industries Ltd.




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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