titan is making room for breaking the range.titan is going to test its resistance for the fourth time. and is having two daily closes above 38% fibonacci extension of last pullback. if it goes good this time targets will be around 929.
Titan
TITAN in daily chart TITAN is in downtrend in last 5 trading days. As per volume, selling pressure is very high.
820 is long term support for this stock.
My trade will be Short below 820.00
Target 1 - 800
Target 2 - 785
Head and shoulder pattern in "TITAN" after downtrend....After a long DOWNTREND "Head and shoulder" pattern is formed in TITAN and you can see strong bullish wide range candle is also formed that shows demand.
If it breaks Rs 844.25 level we can see continue move of downtrend. NSE:TITAN
194 Points Profit, Remember TITAN short sold?I asked to short sell this stock, Result is in your hand:
Look at the below chart and Titan-Kundli .
Thanks to all for supports.
Regards,
Kinnari(Your Best Friend.)
titan short on rally setip titan open high yesterday a long as its below that , downside is open to 850 zone
Trading Idea - Short TitanTitan trading in range and seems to be breakout soon on down side.
Sell Below- 918
Target - 870
SL - 940
Analyzing titan On an Hourly chartThe following points i deduce from the Titan chart
1) The fall from 1344 to 719 looks Impulsive
2) The fall has been retraced by 38 %
3) Although Titan can still go above , it will still be considered as part of corrective wave.
Hence to conclude
Titan is not good for investment at the present levels & let the market show the correct level to enter the trade
results are on May 5th
Titan Intraday day Target- 28 AprilBuy Above - 930
Target - 937 , 945 , 952 , 960 , 968 Stoploss - 922
Sell below 922.50
Target - 916 , 908 , 901 , 893 Stoploss - 930
Tc - Trade on your own risk
TITAN Technical Analysistitan in consolidate way. once breakout or either any level up or down. It run like dark horse.
[Long] Titan will go up to 1090Titan will go up to 1090 after a slight decline.
Want daily, monthly, weekly, hourly, minutes view on specific scripts ?, PM me for details.
Titan for short selling with used retracement.
Retracement(1) 38.2% at 978 as resistance .
Retracement(2) 38.2% for target at 879 neaby is easy.
Previous support can turn as the resistance between 1029-996.
You have to wait for the level to trade.
TITAN IS WITHIN A ZONE and it will continue the same with NIFTY.TITAN IS MAINTAINING A ZONE AND THERE IS TWO BREAKOUT AND BREAKDOWN LEVEL. VERY LIKELY TO BREAK THOSE LEVELS ACCORDING TO THE MARKET.
THIS IS PURELY FOR STUDY PURPOSE. NSE:TITAN
