Titan Charts & Analysis:
With markets in a turmoil, it is always advisable to stick with high quality stocks..
Having said that, let us analyze Titan Industries charts..
Titan gave good momentum after posting good results as the April-June quarter net profit of Rs. 182 crore, up from Rs. 156 crore a year earlier.
Also Deutsche Bank upgraded the stock to 'buy' from 'hold' after the jewellery maker's April-June results... :clapping:
Trading near to the support levels, above 268 - 275, we will see 291 - 305 - 321 targets in the coming trading sessions!!!! :thumb:
RSI indicators point in BUY territory. With strong volume build up we will see the above targets in the coming 7-12 trading sessions... :clap:
- RSI: 64 (5 days)
- RSI: 55 (14 days).
- Volume: 1848000 ....
- 20 day av vol: 3092000 .....
S 2 S 1 Pivot R 1 R 2
258.55 264.90 271.90 277.20 284.20
With markets in a turmoil, it is always advisable to stick with high quality stocks..
Having said that, let us analyze Titan Industries charts..
Titan gave good momentum after posting good results as the April-June quarter net profit of Rs. 182 crore, up from Rs. 156 crore a year earlier.
Also Deutsche Bank upgraded the stock to 'buy' from 'hold' after the jewellery maker's April-June results... :clapping:
Trading near to the support levels, above 268 - 275, we will see 291 - 305 - 321 targets in the coming trading sessions!!!! :thumb:
RSI indicators point in BUY territory. With strong volume build up we will see the above targets in the coming 7-12 trading sessions... :clap:
- RSI: 64 (5 days)
- RSI: 55 (14 days).
- Volume: 1848000 ....
- 20 day av vol: 3092000 .....
S 2 S 1 Pivot R 1 R 2
258.55 264.90 271.90 277.20 284.20