Titan Company Ltd - Breakout Soon + Keep an eye

πŸ“Š Script: TITAN (TITAN COMPANY LIMITED)
πŸ“Š Nifty50 Stock: YES
πŸ“Š Sectoral Index: NIFTY 500
πŸ“Š Sector: Consumer Durables
πŸ“Š Industry: Gems Jewellery And Watches

Weekly Time-Frame
snapshot

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading near at its resistance level which is around 2745 in both daily as well as weekly Time frame as mention in chart.
πŸ“ˆ MACD and Double Moving Averages may give crossover into next trading session.
πŸ“ˆ RSI is around 62.

BUY ONLY ABOVE 2745

Last 5 year stock performance between Sep - Dec

πŸ’₯2017: 35%
πŸ’₯2018: 3.4%
πŸ’₯2019: 7.6%
πŸ’₯2020: 24.5%
πŸ’₯2021: 26%

πŸ‘‰Strong fundamentals, Expensive valuation

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
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