vanathi

Titan - Getting ready to break!

Long
vanathi Mod Updated   
NSE:TITAN   TITAN COMPANY LTD
12
Titan is consolidating in the rectangle form within the range 483 - 490. RSI shows strength by moving between 45 to 60. When the rectangle breaks one can buy the stock above 491 with the stoploss of 485. Targets are 496, 500 and 505. Close above the rectangle will make the price to move upside faster.
Comment:
After forming double bottom price is moving up. Lets see whether it breaks the resistance.

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