hrishidate05

Titan Short

Short
NSE:TITAN   TITAN COMPANY LTD
As per the Elliot Wave the Wave 3 seems to have ended at 3800 and overall Titan should go into a correction which will the Wave 4. Wave 3 is 1.618% of Wave 1 so it is following the Elliot rules and the Wave 4 levels are till 3200 which is 38% of Wave 3 . There is a potential of 10-12% downside from this point.
Trade active:
Titan made multiple tops and finally today it breached below and looks like the stock might have topped out here and will go into a correction
Trade active:
Price started to move futher below now at 3620
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.