TITAN INDIA has broken the channel. There is W pattern formed in weekly time frame. Keep your eye on this.
This can be a good trade for Tomorrow if it breaks yellow line and sustain above 1710. Buy only when it breaks the level. If it fails, it can come to test the neckline of W pattern or channel pattern which is same (1620), then initiate fresh buying. Immediate target will be 1762. Follow strict stop loss.
This idea I only for educational purpose, please trade at your own risk.
Those charts which I have shared till yet has given high amount of profit, so if you like my idea please like, follow and share.
If you have any query related to stock. You can comment I will definitely clear all your doubts. NSE:TITAN
That is not an indicator. That is point if market will break that level you can initiate buying above the yellow line
puzzledHunter64785
⋅
@pankajjha000, why that is level is so important how did u find that level??
PankajJha007
⋅
Because market try to break the all time high but could not sustain above now the new high is that yellow line and if you want to play safe then buy above the yellow line.
PankajJha007
⋅
Sorry not all time high but yes new high so buy when it break new high and sustain otherwise it can come to retest the multiplayer breakout level. Also buddy one more factor now the support is very far so be careful
iamtraderpanda
⋅
what is the yellow line? Which indicator?
PankajJha007
⋅
@iamtraderpanda, See as i said. now buy when it come to 1620
@iamtraderpanda, Also just want to inform you never take trade when market is in opposite direction if you would have bought PE, perhaps you would made good profit then CE. but no issue buddy. main point is you made profit which matters alot