TradingView
Trade-Technique
Apr 9, 2020 7:56 AM

TITAN already entered into Resistance zone, isn't it? Short

TITAN COMPANY LTDNSE

Description

Hey, Friends ... Reminder for you ...!

Trade closed: target reached

Book Profit, Target has been researched.
Comments
beingharen
How did you developed technical analyst skills? How long its been as a technical analyst and a trader?

I tried to understand that how you make use of fibs Retracement tool and trend channel with support and resistance.
I tried to apply this on various Stocks But they all seems to have similarities with some unusual behavior, i don't know how to deal with that.
Vaishali420
@beingharen, in this market or any market there is no one sure what will happen , only you can do trade with trend there is more possibility , i said more possibility ... your trade will go right , you need to be flexible , everyone is right here , now my view on this trade is , it will go more upside and titan will hit 1150 level with coming days , and not going to touch the downside targets
Ratna_Prakash
@rudra420, But any sudden news from the government like extension of lockdown might have an impact on the bullish price movement... Right ? If yes, then the price may seem to fall and so we can expect a bearish move !
What say @Kinnari_Prajapati ?
Vaishali420
@Ratna07, yes over all we are in downtrend , and we are getting some positive news on corona and situation are under control , and as we see yesterdays move of the market ,its holding and its waiting for some positive news more , and there is some relief in the market
Ratna_Prakash
@rudra420, I booked my profits on Monday itself through put option
NANGLAYATIN
@rudra420, i already bought it at 906 and waiting tp retrace its 1200-1300 levels within 2 weeks
Vaishali420
@e6277c0ca22d46fa992c88a461c5ec, you picked up at very good price ,titan is holding price between 954 to 943 , if it breaks downside on wednesday then it can be matter of concern , but it will bounce again to 950/960 level ,which direction market will move tomorrows will depend upon what our PM makes announcement today , we can get little idea today ...
dhb0106
@rudra420, SORRY TO SAY BUT HERE YOU CAN GET IMOPRTACE LEVEL OF STOCK AND BELIVE ME IF YOU TRADE WITH STOP LOSS ON MADAM'S ANALYSIS M SURE YOU WILL GET 80-90% TRADE GIVE YOU HUGE MOMENTUM BENIFIT
Vaishali420
@dhb0106, yes i agree with you , she is exellent , but i was not here to challenge her , i was just giving my thought ....
More