MONTHLY CHART-SUPPORT & RESISTANCE
ON A MONTHLY CHARTS - SUPPORTS & RESISTANCE DRAWN AS STATED IN CHARTS & AS FOLLOWS:-
R1:- 1346/R2 :- 1020 & A VERY STRONG SUPPORT AT 728 ( TAKEN FROM 3 YEARS )
SUPPORTS & RESISTANCE WERE DRAWN FIRST & FIBONACCI IS JUST USED FOR MORE CONFIRMATION.
ALSO AS PER RSI & MACD INDICATOR TREND IS STILL GOING UP THOUGH IT WILL ENTER IN TO OVERBOUGHT CONDITION SOON AS SOON AS IT HITS RESISTANCE.
ALSO IT HAS FORMED A BULLISH CANDLE & HAS CROSSED VAWP WHICH IS AGAIN INDICATING IT WILL GO UP.
I HAVE SEEN FEW CHARTS HERE OF TITAN FOR SHORT .PLEASE NOTE I AM NEW IN THIS & LEARNING TECHNICAL ANALYSIS & IN PROGRESS.EXPERT GUYS IF CAN CORRECT ME WOULD BE GRATEFUL.
THANKS IN ADVANCE * BEST RGDS,
R1:- 1346/R2 :- 1020 & A VERY STRONG SUPPORT AT 728 ( TAKEN FROM 3 YEARS )
SUPPORTS & RESISTANCE WERE DRAWN FIRST & FIBONACCI IS JUST USED FOR MORE CONFIRMATION.
ALSO AS PER RSI & MACD INDICATOR TREND IS STILL GOING UP THOUGH IT WILL ENTER IN TO OVERBOUGHT CONDITION SOON AS SOON AS IT HITS RESISTANCE.
ALSO IT HAS FORMED A BULLISH CANDLE & HAS CROSSED VAWP WHICH IS AGAIN INDICATING IT WILL GO UP.
I HAVE SEEN FEW CHARTS HERE OF TITAN FOR SHORT .PLEASE NOTE I AM NEW IN THIS & LEARNING TECHNICAL ANALYSIS & IN PROGRESS.EXPERT GUYS IF CAN CORRECT ME WOULD BE GRATEFUL.
THANKS IN ADVANCE * BEST RGDS,
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