Titan – Downtrend resumes ?

After bouncing back from the lows around 800, TitanTITAN has again got rejected at trendline resistance.

I can see that the stock has formed a large bearish candle and got rejected after retracing 61.8% of the previous downmove.

Good opportunity to short here with a small stop loss.


Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Chart PatternsFibonacci RetracementTrend Analysistrendcontinuation

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