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Mambotrade
Mar 20, 2022 7:48 AM

Titan moving towards new highs. Long

TITAN COMPANY LTDNSE

Description

Titan has closed above the resistance level and formed a new ATH.

The stock has broken the resistance level with volume confirmation and on fib levels can travel up to 2835.

On an hourly time frame the stock has formed a flag and pole formation.
Wait for the levels to be respected or broken and watch for the chart pattern to form near the predefined levels.

Support:- 2670, 2600
Resistance :- 2715.

The stock can give a nice move on the long side if closes above the immediate resistance level.
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