Thursday, November 29, 2012

TTML Breakout



Breakout!!




TTML was moving in a down trend form March 2009.
Price always had a reversal from the descending trendline.
Today stock had a gap up opening and have break the resistance level of descending trendline.
Volume was around 50 lac as compared to 5-6 lac average.
Next resistance level can be 14-18-22!!!


2 comments:

  1. Great Charts. Thanks.
    Just wishing chart images to be expandable for closer viewing.
    Regards.
    ttthakur

    ReplyDelete
    Replies
    1. I am sorry for not uploading the image properly. Will ensure next time it wont happen again. Thanks for your appreciation!

      Regards
      Rinkesh Jain

      Delete