NeeteshJain
Long

TITAN - BULLISH MARUBOZU CANDLESTICK FORMATION

BSE:TITAN   TITAN COMPANY LIMITED
It is been observed on the daily chart that the price action forms a bullish Marubozu candlestick pattern with a breakout from a downward trend line indicating buyers dominance over the price action and control over prices. It shall move further up to next resistance levels.

Target 1: 332

Target 2: 340

Stoploss: 312
Dec 18
Trade active
Dec 19
Trade active
Dec 20
Trade active
Dec 21
Trade active: Still holding strong
Dec 22
Trade closed: stop reached
Dec 29
Trade active
Jan 02
Comment: Today it did turn up and reach to 340 levels. Regards
Thanks for sharing chart. Regards.
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Thanks for kind update
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what happened today here on Titan in last 15 min? :-). Neetesh Sir, looks like its going to reach your given target. Looking forward for next couple of days.
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NeeteshJain dev_trader
@dev_trader, I look forward to it too. Regards
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coolmuthz NeeteshJain
@NeeteshJain, bro is your sl close Base? Is at 309 odd
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Thanks for sharing.. I am also member of peacock finances services
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If you think you've found a Marubozu candlestick pattern, look for the following criteria:

First, the single candle involved in the signal should have a long real body.
Second, there must not be an upper or a lower wick (a.k.a., a shadow).

That's all there is to it! You're looking for a big block without any extraneous limbs or extensions.

Clearly, this is not the right pattern we are looking in the chart.
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@Sanjay06, Thanks for sharing, I appreciate it. Regards
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sir i bought it @318, can i trail my stop losss @315?
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@bakibilla, Alright, you can do that. In case, you want a saver stoploss then put it on 312. Wish you the best, Regards.
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