Analyzing titan On an Hourly chart
Updated
The following points i deduce from the Titan chart
1) The fall from 1344 to 719 looks Impulsive
2) The fall has been retraced by 38 %
3) Although Titan can still go above , it will still be considered as part of corrective wave.
Hence to conclude
Titan is not good for investment at the present levels & let the market show the correct level to enter the trade
results are on May 5th
1) The fall from 1344 to 719 looks Impulsive
2) The fall has been retraced by 38 %
3) Although Titan can still go above , it will still be considered as part of corrective wave.
Hence to conclude
Titan is not good for investment at the present levels & let the market show the correct level to enter the trade
results are on May 5th
Note
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