Great opportunity for short selling in Titan
Updated
After a good rally in Titan , now it has been exhausted . Bear engulfing pattern can be seen in 1D timeframe .
Support has been broken today and closed below the trendline.
Easy 3-4 % profit can be made or maybe 5% if it goes below RS 3549.
SL:-3765.60
TARGET :-3549
Book 60% quantity with trailing SL and go target for 3500 RS.
PS:- If you like my analysis do follow me too for more . Also write down the stocks you want me to analyze for you. Happy Trading
Support has been broken today and closed below the trendline.
Easy 3-4 % profit can be made or maybe 5% if it goes below RS 3549.
SL:-3765.60
TARGET :-3549
Book 60% quantity with trailing SL and go target for 3500 RS.
PS:- If you like my analysis do follow me too for more . Also write down the stocks you want me to analyze for you. Happy Trading
Note
First target reached of Rs 3549Trade active
could be trend reversal Rs 3560 . Exit with profit or could do trailing Sl
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