thiyaga
Long

Titanic or titan

NSE:TITAN   TITAN COMPANY LTD
1. Titan clearly in uptrend and respects trend line nicely.
2. bounced from trendline and at its previous high with very gud bullish candle.
3. If stays above 1152 for 30 minutes, it ll ensure further 2% upmove for the same day and if closes above 1152 then expect minimum 75 points
4. if bounces above 1152 and drops below 1125 then expect a fall of 50 points more.
5. as ter is no trigger for trend change & nifty also resumes its uptrend, titan has more probability to continue its trend.
6. even if fails to sustain higher level also will not change the trend, it ll remain range bound for some days (for the range of 75-85 points).
Trade active: can expect 75 points more if closes above 1160 today
Comment: check point number 4

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