The Indian Textile Industry has an overwhelming presence in economic life of the country. As per the data in FY09, it constitutes 14% on Industrial production, 4% to GDP and 17% to country’s export earnings. The textiles industry is second largest provider of employment after agriculture. The last two years have been a very difficult [...]
Tagged as:
Aditya Birla,
Budget 2010-11,
Century Textile,
Textile Sector
Attached alongside is the daily chart of Century Textile with a Gann line, MA and Fibonacci lines overlaid on it. All these context definers are combined to produce good supports at 474-77 levels. The stock after witnessing continuous downtrend in the past two weeks has now approached this region where the above mentioned support clusters [...]
Tagged as:
Century Textile,
Free Share Tips,
Textile Sector