Titan bulls - Time to cautious - Sell on rise - Triple top divergence
Comment:
Titan bulls keep booking profit on every rise squeezing stop loss/save profit orders
Note: Here I have a cautious view and NOT bearish on Titan. Just that the chart says that the trend strength is losing its steam. Hence advisable to book profit on every rise and maintain appropriate SL/ trail SL to preserve profit.
Just spotting a divergence is not enough to confirm a trend reversal. Price action must support it! Until then any kind of divergence signals can be taken with a pinch of salt.