TITAGARH-- Confirmation of reversal , DONE
TITAGARH is now trading above the 20 EMA High, with RSI also breaking past resistance and trade above 60, indicating a bullish range.
However, keep in mind that market is still volatile and it could impact the stock’s performance, so a well-defined Risk-Reward (RR) and Stop Loss (SL) is essential.
Suggested Stop Loss:
You may choose between the 20 EMA Low or the previous swing low at 1050, based on individual risk tolerance.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading involves significant risk, and it’s essential to perform your own research or consult a financial advisor before making any investment decisions.
However, keep in mind that market is still volatile and it could impact the stock’s performance, so a well-defined Risk-Reward (RR) and Stop Loss (SL) is essential.
Suggested Stop Loss:
You may choose between the 20 EMA Low or the previous swing low at 1050, based on individual risk tolerance.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading involves significant risk, and it’s essential to perform your own research or consult a financial advisor before making any investment decisions.
Trade active
Still in positive trend, hence holding further.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.