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Amey2121
Mar 9, 2020 9:14 AM

Titan Long Positional. Long

TITAN COMPANY LTDNSE

Description

Titan act 200 EMA very nicely. And supports trendline as well. And i'm seeing a divergence in Titan ,so according to me it's a cheap buy as nifty is struggling around 10400.
Comments
ganeshsocialid
Do you find any reasons why 200dma is not respected?
Amey2121
@ganeshsocialid, In my opinion ,because nifty break down more than 1400 points since 9 march. And titan is a part of Nifty 50. So, Titan stock beta ,no doubt has to respect Nifty trend.
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