Titan - Sell if breaches 1140, buy above 1190.

Titan has formed a flag pattern , can move in either direction once it moves out of this pattern.

Short below 1140, for targets of 1068 - 1039.

If it reverses from lower range of channel, buy above 1190 for a target of 1235.

Option Open interest shows massive buildup in strike 1200 Calls and 100 Puts, a strangle can be sold at these very strikes.

This will ensure a payin of 32.5 per unit or 24375 per lot. Keep a stop Loss of Rs . 40 for this position.

This strangle will keep us in profit within a range of 1067.5 to 1232.5, this looks pretty safe for now, maximum profit will be when Titan will settle between 1100 and 1200.


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 Private Messages Chat Sign Out