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ShelendrAgrawal
Mar 17, 2022 3:19 PM

Titan Analysis !! Broke Out. Long

TITAN COMPANY LTDNSE

Description

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📈 Titan Company Ltd. 📉

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

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SL Hit
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