TheAspiringTrader

TITAN : Darvas box breakout

Long
NSE:TITAN   TITAN COMPANY LTD
NSE:TITAN was trading inside the range(box) for nearly 6 months and finally broken out with a wide range bullish candle supported by heavy volume .

Note : Before breakout the stock consolidated near resistance for around 6 days(Highlighted in yellow). Hence the stock might continue to rally for another session and then pullback. Always do not chase the price take it on a discount (correction).

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