Jun 27, 2012, 11.58 AM | Source: CNBC-TV18
Titan Industries has target of Rs 180-190, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, "Titan Industries has been a sell for sometime because it was distributing and at that time it cracked Rs 250 that was the first sign of Titan going down and that downtrend persists."
He further added, "I suspect the immediate target is around Rs 190 or Rs 180. A day trading target is Rs 210 but Rs 210 may not hold. Once the stock starts on a downside it persists and continues going down."