Titan
titan long as we can the channel pattern in the time frame of 1hr and after that the trendline breakout in the time frame of 15min. for the bullish mode.
Bullish view we can long titan above 1521 for the target of 1570 if sucesfully break the immediate resistance of the 1528-1530. it will boom above immediate resistance with the sl of 1515
BAJAJHLDNG | Short term Pick - Potentially good for 25%BAJAJHLDNG | Similar to TITAN chart, 14 months of price consolidation (Blue line channel) then Corono fall, now recovered and sustained last 5 weeks inside the zone.
Potentially good for 25% - weekly chart - May take few weeks to month to reach the target.
CMP : 3080 (Dip till 2920)
SL : 2820
Target : 3800
Almost 1:4 risk reward setup
Titan | Flag Pattern Or Range Bound Breakout 🎯=====================================================
⭕ Swing Trading opportunity ! 30 min Chart Alert !!! ⭕
--Buy above =1452 or CMP
--Target = 1541
--Stop-loss = 1416
--Lot Size = 750
--R:R = 2.5
--Expected Profit = 66,750 ₹ per lot ( 6.61% )
--Expected Holding = 5-15 day only
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⭕ Technical Reasons to trade OR Strategy applied :- ⭕
1) Titan has given the breakout of range trading on 30min time frame
2) Target is considered as height of the pole
3) support is mentioned already
4) flag pattern breakout
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TITAN: algo signal demonstrationHOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
STAY LONG ON TITAN ⌚BASED ON PULLBACK THEORY
STAY LONG WITH STOP 1380 ON CLOSING BASIS
WHAT IS PULLBACK ???
A pullback is a temporary reversal of the current trend, either up or down. The price action in the market moves like a wave:
- in an uptrend market, you will see price continue to increase but even whilst it is increasing, there will be times when price will drop. Then price rises up again going past its previous higher high (example form the chart above).
- in a downtrend market, the same but opposite happens. Price will continue to fall but there will be times when it will rise only to drop back and go down past its prior lower low
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