TITAN Near Buy Point (LONG)NSE:TITAN
Buy Above 1460 on Hourly closing Basis
Target on the upper band of parallel channel i.e. around 1580
Stop loss at just below Support zone i.e. 1395 on Daily Closing Basis
Titan has taken perfect support from its multiple time tested support zone of 1405-1420
Given outside closing of short-term downwards trendline
Good risk-reward trade against 65 point Sl 120 Point target i.e. 1:1.85 ratio
Price, Volume, and Momentum positive
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Titan
Titan - Price Action AnalysisExecute Long only if the RSI breaks the trend line in upside with day candle close for a target of 1526.
Execute short if the price breaks the neckline ( Strong support zone ) and manages to stay below it for a target of 1300 & 1200.
Right now the stock is in indecisive mode. Don't take any heavy positions for now. Execute only if the above conditions met for good targets.
Kindly share your valuable feedback.
Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
TITAN-Short Term View++Lower High's and Low Formation++
Sell immediately with small stop loss for Target 1400 and 1365 alternatively buy breakout of this channel above 1475-80 for short term Target 1500/1520/1550
((Remember 1400 is an important support and a decision point for the stock on daily and weekly time frame))
~This analysis is only for Educational purpose~
Pls do comment if you hv any suggestion/query regarding this Analysis
Titan 15m time frameIn continuation to my previous analysis. where we were bearish first but after testing the support level titan came back up to the same resistance band. In this shorter time frame we can see how the price have consolidated in this resistance band. Wait for a breakout it can give a good bull run, of the market stays non-bearish.
Trade wisely...
TITAN Analysis - Sell Titan For 10%
TITAN Analysis
Sell- Below 1390
SL - 1425
Target - 1330 1250
Titan is ready for its downtrend below 1390. So, either you book exit your long if price starts trading below 1390. You can short as it is a F&O stock.
Always hedge your positions either in long or in short.
I will be bullish if stock closes above 1630 in upside. But there is very less room in upside. If prices starts trading above 1630. we will consider long for the target of 1760.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Titan : Extremely bullish for long termJewellery business has a lot of growth potential in India. Since Titan is one among the market leaders and there is a lot of unexplored and untapped opportunity in the unorganised section which is currently under the local players, Titan have a lot to grow as a business, in the future.
So looking forward to buy at the bottom of the channel targeting the highs for a profit of about 20%.
At the moment, there is no plan to add on to the position if price crashes from that level.
TITAN COMPANY LTDTITAN COMPANY LTD Technically BULLISH since MAy 19 2020.
Technically view: And it's rejected 3 times to breaks 1588 level on 6th JAN, 10th FEB, 1st Apr 2021. if breaks then 1621 is another RESISTANCE 2 it must be sustained above 1621 level to continue BULLISH trend or else go for SHORT 1621 will become our STOP LOSS.
Fundamentally it's also Expensive stock so not recommended to hold or fresh BUY better EXIT at this level.