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praveen.gupta
May 31, 2020 4:14 AM

Titan Industries Long @ Rs. 880 or Below Long

TITAN COMPANY LTDNSE

Description

Entry 880 or below
Target 1025
SL 825
Titan industries has formed DZ between 837 to 854 , It has also formed weekly DZ at 810 to 848 which gives it a strong buying
support. one can enter in stock between Rs 880 to 860 and hold for two weeks for target of 1025.
NSE:TITAN

Trade closed: target reached

Target reached , you can close position.
Comments
brijeshb30
Hi Praveen Ji,again your analysis was awesome as it made a High of 975 today,well done and keep this good work on.
praveen.gupta
@brijeshb30, are you able to earn money from this idea.
brijeshb30
@Praveen.gupta, no as I was just observing your accuracy,so missed it.
brijeshb30
Hi Praveen Ji,SL of 825 is on price basis or price closing basis? Pls clarify as i'm always confused with this as many times price comes but doesn't close at the SL.
praveen.gupta
@brijeshb30, Thanks for asking a good question , SL is not based on closing prices, It is based on the lowest price of wig, generally i take below the lowest value of wig of any one of demand zone , where probability of breaking price is low and if broken means that there is complete change in the scenario and position must be closed. in the above idea it is based on the below the wiz of daily demand zone. published chart is of 1Hr candles.
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