Titan
Further fall might test 890/880880 is a golden zone for this stocks. It's holding strong fort at that levels.. Sitting on the neck line of support tomorrow market opening will drive this stocks upside or down. I'm expecting Nifty to be Flat to down side you can look at this stock testing around 890-893 levels.
Titan - Time to short ?NSE:TITAN has boomed a lot recently. It even broke the H&S pattern bearishness with a bang!
Titan is taking resistance at its current price and has the potential to reverse from here.
Actual trade setup is not yet made. So this trade is only from very aggressive and risk taking traders.
CMP 782. Short below 767.
Remember its only for the high risk takers who are prepared to lose money.
Actual trade setup will be published later when titan shows reversal
THE BEARISH BUTTERFLY: FLUTTERING NEAR RESISTANCEA bearish pattern in the formation..Also pattern PRZ confluence with the resistance trendline. Bearish reversal pattern in the zone triggers short.
See the chart for detailed view.
Don't forget to hit like and follow.
Trade safe, be healthy.
Regards
Bravetotrade
Titan - Go Long before shortTitan is making H&S pattern at the peak of its uptrend. Looks to be a good case of probable trend reversal.
Once right should is complete titan can go as low as 520.
Apart from H&S pattern Titan is also making bearish triangle pattern, making lower highs while not making higher lows. Once the triangle is broken on the bearish side it will complete H&S pattern boosting further downside.
However before completing the right shoulder titan can go in a range-bound movement. Let's take that trade before shorting it
Buy Titan above 600
Target 614
SL 575 on closing basis or 585 for intraday
If titan hits Sl then Short titan below 570
TITAN FlagTITAN is moving in the range after a breakout from a lifeteime wedge < see the weekly chart in Related ideas at the bottom and HIT PLAY >
After a huge move up < in a single 15 min candle> its flag-ing up, before it decides its next leg.
If it breaks down, it can test the purple wedgeline, and bounce back frmo there. of it can just go up up up the flag.