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Rectangle

TECHNICAL PICK TITANCurrently Titan is trading in a triangle and gives a early signs of coming breakout of a break of upper trendline of triangle in it, before this it give a break some range bound sessions by today's only candle from parallel box in triangle so if it will break the resistance which is nearly about 2490 according to trendline and gives a day close above we will consider this as a breakout and can go long for the target of 2632 with a stop loss of 2435 below day close this stop loss is the upper trendline of Box and if it will close below that trendline it will be our stop loss in this whole execution it will give a close above on 100 Ema which will be conquered after so many sessions too so it will be a 100 Ema breakout too TARGET -: STOP LOSS-: STOP LOSS IS 2.2% AND TARGET IS 5.8% GOOD RISK TO REWARD SETUP IT IS 𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄. 𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
NSE:TITANLong
by AMIT-RAJAN
Pidilite Cmp 2351 dated 6-3-2023 Rectangle BOPidilite Cmp 2351 dated 6-3-2023 1. Rectangle Consolidation 2. BO above 2355 Buy above 2355 for target 2380-2425-2440-2460 SL 2300 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.
NSE:PIDILITINDLong
by SHEETAL_UDESHI