TITAN
Buy Above 1460 on Hourly closing Basis
Target on the upper band of parallel channel i.e. around 1580
Stop loss at just below Support zone i.e. 1395 on Daily Closing Basis
- Titan has taken perfect support from its multiple time tested support zone of 1405-1420
- Given outside closing of short-term downwards trendline
- Good risk-reward trade against 65 point Sl 120 Point target i.e. 1:1.85 ratio
- Price, Volume, and Momentum positive
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Trade closed: target reached:
CMP 1614... :)