Titan is looking good to buy for target of 1700
Titan MADE morning star at support level good level to buy
ENTRY, EXIT/SL, TARGET AS PER CHART ENTER AT YOUR OWN RISK AND RISK MANAGEMENT. BUY ONLY IF LEVEL OF SL REMAINS UNTOUCHED BEFORE ENTRY LEVEL IS TRIGGERED
Jewellery 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...
targets are both d points of ab cd and butterfly but let candle close above lowest pink line setup invalid if candle closes below lowest trendline with long upper wick
long in the reversal zone 1353-1349.
Can be a momentum pick tomorrow if crosses today's high
TITAN 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...
Titan is trying to break the resistance zone of 1600. It failed to break this resistance at least 4 times this year. If Titan sustains above 1600, there can be a good up move.
I will buy TITAN because : It has been taking support at the trend line . It has touched the support has not been able to break it. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 1408 Target : 1580 Stop loss : 1372
Daily Chart Pattern Breakout Candidate Positive Volume Buildup Share up on 20/50/100/200 EMA Can give good 10% - 20 % gain PROS Company has been maintaining a healthy dividend payout of 28.24% CONS Stock is trading at 22.21 times its book value Company might be capitalizing the interest cost I am not a SEBI registered adviser. All the information provided...
Rounding Bottom Pattern . My SL is below a strong supporting zone. Green lines is potential stop loss. . targets are mentioned on the chart but if this breaks its resistance zone then we have to enter. . . Note: Do your analysis before taking any action and take responsibility for your action.
Titan has given breakout...will wait for 4 hour candle to close before i enter
RS is indicating strength inncurrent upmove. Wide bullish candle is another signal of likely upmove. 10 & 20 EMA are supportive of uptrend. RSI abv 60 is positive for uptrend. Buy above 1594 sl 1524 target 1780+
There is a clear breakout of the triangle pattern. Also, the volume at the breakout level was high so, one can take a long position at the current levels.
Levels Mentioned on chart..