Titan and the JAN to JAN cycle - History to repeat?
Chart is self explanatory and purely my crazy thought/hypothesis.
Summary:
Around January 2022 the price reached the channel top and consolidates there for some time, then distribution happened for the next 12 months, until next January. During this course of correction, it had reached the channel bottom and ready to bounce up. The subsequent year it moved up non stop to hit the channel top by Jan 2024.
It again halted, distribution happened from Jan 2024 till Jan 2025. Now ready to move up.. can we expect a similar rally throughout 2025 until Jan 2026?
Time is/has the answer for everything! lets wait and watch..
Will try to come up with Wave Counts sometime later this week
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Summary:
Around January 2022 the price reached the channel top and consolidates there for some time, then distribution happened for the next 12 months, until next January. During this course of correction, it had reached the channel bottom and ready to bounce up. The subsequent year it moved up non stop to hit the channel top by Jan 2024.
It again halted, distribution happened from Jan 2024 till Jan 2025. Now ready to move up.. can we expect a similar rally throughout 2025 until Jan 2026?
Time is/has the answer for everything! lets wait and watch..
Will try to come up with Wave Counts sometime later this week
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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