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TITAN Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock closed above its major resistance, further strength expecting once TITAN again closes above 372. (Updated On 27th August 2014, Wednesday).


TITAN COMPANY





  • As per previous report published on TITAN, stock broke its range bound zone @ 347.50 and made a bullish breakout, after that made a high around 363. (Click here to see previous report published on TITAN).
  • Now current chart indicates that stock is moving in a up channel formation, as long as stock moving in channel formation it will be favored by bulls as shown in graph no1.
  • As per graph no 2. earlier stock closed above its major trend line resistance and made a bullish breakout, but after that stock came down and now testing in previous resistance which is acting a as a major support for Titan, if moves up from current levels and again closes above 372 then bulls will again have strong grip. Close watch.
    • Intraday Stocks - Close watch once stock starts trading above 372, if holds above 372 during trading hours then intraday bulls action is expecting.
  • As per graph no3 TITAN is facing strong 23.6% fibonacci retracement support at current level, if holds its support then stock can move up from current levels and will test its recent high @ 372.
  • As per graph no 4, if stock moves up from current levels and closes above 372 then will find next strong resistance around 390 its 161.8% fibonacci retracement. Close Watch.
  • Click here to see all the free trading reports (tips) published by us on TITAN.
  • Tips on Indian stock market.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.