Titan has formed a bullish pullback, and it is in for a big momentum of min 100 points rally, i made my analysis based on the couple of aspects.
1. pattern mapping, we can see the similar patter 3 times in a same channel and reversing to bull trend for 100 points
2. CandleStick chart analysis. i.e. We can see a Bullish Doji at the bottom followed by 3 white soldiers, this confirms the bull trend
Areas to look for :
1. 1250 - 1266 can become a stiff resistance (But should be broken anytime)
2. slight correction for few days as stock has rallied for 8%.
Target :-
1340 - 1360 this can be the target area
Note :- This a my personal opinion and analysis, and my views dosnt assure any exact results, so please verify before relying.
Thank you
1. pattern mapping, we can see the similar patter 3 times in a same channel and reversing to bull trend for 100 points
2. CandleStick chart analysis. i.e. We can see a Bullish Doji at the bottom followed by 3 white soldiers, this confirms the bull trend
Areas to look for :
1. 1250 - 1266 can become a stiff resistance (But should be broken anytime)
2. slight correction for few days as stock has rallied for 8%.
Target :-
1340 - 1360 this can be the target area
Note :- This a my personal opinion and analysis, and my views dosnt assure any exact results, so please verify before relying.
Thank you