🅾Titan || Head and Shoulder : Swing🅾
If the stock consolidates near 1400 and then crosses down, the head and shoulders pattern will become active.
Ⓢⓟⓔⓒⓘⓐⓛ ⓝⓞⓣⓔ :
There is no setup in the stock market that is 100%, here the idea can be found only by analysis. Here I have tried to present to you what I can see from my point of view only by analysis.
(FOR LEARNING PURPOSE)
Price Increasing on contracting volume
Possible Retrace down could happen before rallying up
Entry for Short - MARKET
Target - 1300
Entry for Long - BUY WHEN PRICE RETRACES TO 1300 ( ON VOLUME CONFIRMATION)
Target - 1630
i have created analysis based on 1 day chart for next 2-3 days intraday/ swing purpose. maruti is continuously in channel pattern from last few days if it breaks 7125 level then ti may give target upto 6860 and below the SL will be 7270 RR is also good. also it has a slight bend on RSI thats another reason to enter trade trade according to your money management
Based on my PredictiveSystem's signals, its going to be a RED candle on 06-Jun-2018 for BANKNIFTY
Sell Below: 26185.4 for targets -
Can carry forward the positions for short-term if targets are not achieved today.
Note: These calls are based on my own analysis. It may or may not work well for you.So please...