Titan
TiTAn go longPin at 21 EMA took as a support. Can see Positive
STRICTLY
above 1043 with sl of 1038
for 1048-1053
TITAN || BUY ON DIP || MAY GO OVER 1045One can buy Titan on dips with a SL of 1030 and a target of 1046/1051 for a better R-R-R
TITAN STILL NOT ACTIVE I WILL TRADE ONLY THERE BREAKOUTDear Clients and Readers
I will Trade Only The Red Line broke 2nd below line
TITAN STILL NOT ACTIVE I WILL ONLY THERE BREAKOUT - This is Advance Call But Blue line is Good Secret Retracement point if break then easily my target will achieve ...
if you want trade peacefully means Trade only with Technical level Opportunity..
Kindly Go through the Chart , If you want to earn Peacefully means Trade Only There is Opportunity ...
Kindly Note : Breakout Means That Candle Will Trade Without Touching Given Lines
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Is Titan gearing up for a big up-move ?Titan seems to be gearing up for a breakout above its Apr - May 2018 resistance zone of 1000 .
As long as it stays above 930, Risk-reward seems favorable for a long setup at current levels for Target 1150. #bullish
TITAN Setup for Intraday Buy above 936 with Target1 948.3 Target2 957.5
SL 928
Follow strict stop loss :)
Inverse H&S breakout in titanTitan has given a breakout in range forming an inverse head and shoulder so one can buy at cmp at 937 with sl of 908 and targets of 960- NSE:TITAN 980-1000
Titan Weekly Chart Bull Flag in PlayTitan Long TimeFrame Chart Shows Bull Flag. Stock is in Uptrend since Nov 2016 and Have formed a Bullish Flag pattern.
1000 Might be a tricky price zone which happens to be All time high(ATH). Once Broken with high volume, may lead to Price Discovery and New All time high.
Overall Titan looks bullish for long term.
TITAN | Breakout + PRZTITAN defied the logic of HnS and started moving upside. We had posted earlier chart of Titan before HnS formation, saying it will make HnS pattern so we can go short at 940. Right now it has broken the trendline, and if we check the volume and compare it with early 2018, we are in a toss of more upside move. As earlier 940 level is again a switch hit. For now we can go long near retracement on trendline.
Earlier chart :
Who wear Titan wrist watches these days, atleast i dont. Folks,
This is my first publication for in.tradingview.
The resistance drawn at 945 ish is well know, but apparently no one is talking about the gap we have.
Cheers.
French Fries
Titan mid term view- BearishTitan slowly turning to bearish mode as per weekly indicators. One can go short with minimum stoploss levels at this price.
Vijayaraghavan.K,
Kovilpatti
Titan - Is this Head and shoulders ??? Is this head and shoulders? Yes
Is this a good head and shoulders pattern? No
Here are the reasons why one should avoid going short:
1) Premature neckline breakdown in almost 41+ bars. A breakdown in approx 64 bars (or little more) would have been a good one.
2) Volume increases near the head and shoulder peak and decreases near the neckline in case of good pattern. In this case volume increases near the neckline and remains flat near the peaks.
3) Price hugging (re-testing several times) the neckline even after breakdown. Whenever neckline is retested several times it starts getting weak.
I wont be surprised if the neckline is broken upwards and Titan moves towards 875-882 zone.
Conclusion: Avoid taking any position for now. Lets wait for a proper pull back before going short (for a favourable risk reward) or a breakout above 945 before going long.
A counterfeit note is also a note. But one must be judicious and shrewd enough to cherry pick classic patterns and let go the rest.
Suggested reading to know more about classic patterns:
1) Technical Analysis of Stock Trends by Robert D. Edwards and John Magee (Explanation of all the classic chart patterns in detail)
2) Diary of a Professional Commodity Trader by Peter Brandt. (This is must read for traders who have surpassed beginner phase. In this book he has explained both his successful and unsuccessful trades from the past along with the trades that he chose to avoid with proper justification)
Titan - Clear Head & Shoulder setupTitan has made perfect Head & Shoulder pattern on weekly charts and now breaking down from neckline support while volumes are jumping upwards, during the formation of H&S also one can see that with every fall volumes gone up while on green days volumes were comparatively lesser, this is perfect example of a neat H&S setup,
So as it is now breaking down below Neckline support so a good time to take short position and can trail sl with 100 Day EMA which is currently around 838.
Based on the depth of head from neckline chart is suggesting that below neckline we may see around 20-22% fall, which comes around 660,
Also there is a unfilled gap in between 725 - 668 zone, so if falls come then expect this gap to get filled, though 725-730 may provide some support on down side, below that expect to see non stop fall till 660-670.
