TITAN : Breakout of Bollinger Squeeze...

Today Titan has formed a candle that touches both the Bollinger Bands , indicating strong contraction in volatility .
A break from this band in either side should ideally give a very strong move.
Since the Monthly Bolinger has also given a Breakout, weekly bollinger is about to breakout, a followthrough is expected.
I recommend going long, or Buying 540 CE .

Dont Buy 530 CE , since it has already gained premium although the stock price fell today.

[ Conservative traders can buy a 530 Strike Straddle (Buy 530 CE & PE).

Targets are 560 if it breaks on upside & 500 if it breaks on downside. ]

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