TITAGARH : CMP -1098.70,; RSI: 67.93
Titagrh which has been in bull run and given a compounded returns of 225% return in last 4 quaters. After a 52 week high of 1248, it has been in a corrective ABC (Flat correction - 3-3-5) phase. The current corrective wave B, should culminate to 1244-1255 levels. Recent volatality in the indian market is giving good opportunity to re-enter into the script. Any intraday price movement in the range of 1028- 1075, should be garbbed for a short term swing trading upto 1245 levels in 3 weeks time frame. Keep a strict stop loss of 995 on closing basis.
Titagrh which has been in bull run and given a compounded returns of 225% return in last 4 quaters. After a 52 week high of 1248, it has been in a corrective ABC (Flat correction - 3-3-5) phase. The current corrective wave B, should culminate to 1244-1255 levels. Recent volatality in the indian market is giving good opportunity to re-enter into the script. Any intraday price movement in the range of 1028- 1075, should be garbbed for a short term swing trading upto 1245 levels in 3 weeks time frame. Keep a strict stop loss of 995 on closing basis.
Trade closed: target reached:
TITAGARH : CMP -1275,; RSI:80.29 @ 18/05/2024,
Trager of 124w was achieved in 10 days of the recommendation, RSI is inching towards the over-brought zone, book profits and wait for the correction to renter below 1075 levels.
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Trager of 124w was achieved in 10 days of the recommendation, RSI is inching towards the over-brought zone, book profits and wait for the correction to renter below 1075 levels.
✅For more of such ideas. Like & boost the ideas and follow to never miss a new idea!✅