ShelendrAgrawal

Titan Analysis !! Broke Out.

Long
NSE:TITAN   TITAN COMPANY LTD
πŸ“ˆ Titan Company Ltd. πŸ“‰

This broke out from a Resistance Zone of 2665-2695 and closed above previous swing high of 2600 .

On Buy Side I am looking for Targets of 2950.
Target Calculation = 2*(Resistance Level - Last swing low)

StopLoss should be kept below 2500-2550 zone.
It offers 1:2 Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached:
SL Hit

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