srikartiram
Long

TITAN getting Trendline Support + Bullish divergence + Candles

NSE:TITAN   TITAN COMPANY LTD
1) TITAN is taking good support @ Trendline with Pin & Hammer candles in smaller time frames (30 min, 45 min, 1 Hr )

2) PCR 55% - Open Interest increased hugely @ 1000, 1100, 1200 price ranges

3) RSI bullish divergence

CMP : 961
SL : 950
Targets : 990, 1000
Trade closed: stop reached: :(
Trade closed: target reached: Sl hit in NIFTY pressure, then target reached !

Comments

Pcr 55% is bearish. If call open interest has increased drastically on higher side 1000/1100/1200, means call writers are actively giving good rates to participants to enter in call side to eat up premiums. Just given these 2 points, this should break down? Maybe .. šŸ¤·ā€ā™‚ļø
+2 Reply
@GautamH PCR above 1 is bearish it is 0.55, Iā€™m seeing good RSI bullish divergence near support area. Despite the facts it is a good risk reward almost 1:3 supporting analyse.
+2 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out