Monday, September 5, 2011

Technical analysis for TITAN Dated 06 sep 2011

Indian market did outperform today, Nifty closed above 5000 mark. Some of our recommendations like VIP Ind and Jubilant Food has done well compare to market.

TITAN looks good on chart, its volumes are also encouraging. It has crossed 50 DMA today, we need to have conformation for long trade in TITAN. One can buy this stock above 223 with strict stop loss below 217, target will be 235-240

Happy Trading....

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