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TraderRahulPal
May 29, 2023 9:56 AM

Neat & clear breakout seen in Titan (Buy) Long

TITAN COMPANY LTDNSE

Description

Titan has given a neat and clean breakout and sustaining above the breakout zone so this is a indication that Titan is now going to make new highs in coming months. MACD is also started forming bullish crossover and very soon it will form bullish crossover. But why to wait till then when titan already tells itself after breakout resistance levels.

This is sure today it is going to close above 2800 levels. just 15 minutes remaining in closing. So with current levels and go for target given on chart. Well this is mine all time favorite stock for holding for long term, as this has already made millionaire to many of them in past.

I have a trade for option writer:-
Sale Titan June 2860 Pe at 83.5
(stop loss 160)
Target 25/15/5/1
and hedge with
Buy Titan june 2700 pe at 22.5

For naked option buy:-
Buy Titan june 2800 ce at 62
Stop loss 25
Target 90/110/125+

Always follow strict stop loss for trades.

If anyone like my work then please like, follow and comment.
Thankyou.


Disclaimer:-This is not and trade or investment advice. This idea is meant for learning. Invest your capital at your own risk.

Comment

Han kya bolti public,,,reaction krne ka na bhailog sab koi profits bana rha h na isme trade is going awesome

2800ce made high 140 plus all target done

Comment

and option titan write position 2860 pe made low 25.35,,sale price was 83..first target done enjoy profits.

Comment


this was also a perfect trade.

Comment

what a rally
Comments
vanathi
Good one...
TraderRahulPal
@vanathi Thankyou mam
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