The stock has been continuously testing the resistance at 1268, there is a very good chance for the breakout to happen. This is an intraday as well as a swing trade recommendation. Also if you look the history of the stock, you will see the stock is bullish and it had given a breakout just last week. You can check my past analysis on titan, you would see a successfull analysis just last week.
Note:
- Buy above 1268
Note:
- Avoid the stock if a big gap up or gap down is seen
- Enter after the breakout happens and not before it
- Do not chase the market, i.e., do not get involved in late entries
- Only enter with strict stop-loss and target
- This is not a recommendation and is for educational purposes only.
- always follow risk-reward and quantity management for the 100% of the times
- The above mentioned idea may not work, so beware of the risk you are taking
