NSE:TITAN   TITAN COMPANY LTD
TITAN is moving in an arc /dome and testing the neckline few too many times.
Back in the zone. so watch out.
Should we go long ?
Or Go short ?
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Einstein15 WaveTradersproGroup
@WaveTradersproGroup, Now thats a Million Dollar Question! :D
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Einstein15 Einstein15
@WaveTradersproGroup, On the serious note, since the price is still in the ZONE, we are waiting for it to break out of that zone in either direction.
So it will be a Breakout Trade. As u can see , it has retested that baseline a few time, just to reverse entirely.
It may happen again, or it will break down.

It totally depends on how you want to take a trade when it breakout. There are tons of ways to "trade breakouts"(google it/youtube it)
thers always a chance of false breakout . SO get confirmation from your side, as to whatever your rules are

Recently came across a good "confirmation post" about breakouts from our fellow TV friend @Bravetotrade
link-->

Also you can try the @NeeteshJain technique of taking a confirmation from a candle on closing. End of day candle or whatever timeframe you use.
Gives good results, look into his ideas and see how he uses it to his advantage.

Good Luck!
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@Einstein15, Thanks sir
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