Titan - Looking good to shortTitan has formed head & shoulder pattern
Currently it's forming right shoulder so looking good to sell around 900 (small bounce back).
All indicators are also at sell side only.
First target can be 825 in 1 month
In 3 to 5 months, it can be 650 because it has created gap in the pattern so it will fill the gap before next major upmove.
For educational purpose only.
Stockideas
Buy ZEE ENTERTAINMENTThis stock is at a major support of 490. It is showing signs of downtrend reversals with divergence and bullish candle pattern. On upside levels to watch are 519,532,555. If all of these are crossed this stock has the potential to give targets of 650 in short term of 2-3 months. Go long with trailing stoploss.
Further fall might test 890/880880 is a golden zone for this stocks. It's holding strong fort at that levels.. Sitting on the neck line of support tomorrow market opening will drive this stocks upside or down. I'm expecting Nifty to be Flat to down side you can look at this stock testing around 890-893 levels.