The Channel Break and the Deep Bearish CrabNotes on the chart.
Do hit the like button.
Trade safe, stay healthy.
Regards
Bravetotrade :)
Titan
TITAN Lifetime BreakoutTITAN has been making highs and testing and breaking them lately. Currently approaching the recent highs along the neckline.
Lets see if Pitchfork can play the role.
TITAN Triangle BreakoutTITAN is moving in a descending triangle, with a triangle. Awaiting a breakout/reversal.It has a huge gap to fill.- if at all-
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 Expanding WedgeTitan has been moving around the neckline for over a month now, forming a rising wedge.
Currently on the neckline, waiting for breakout or reversal.
Titan - Positive Channel Breakout It is been observed on the daily chart that the price action breaks above the down trending channel indicating a bullish move ahead.
T1- 630
SL-610T
TITAN BreakoutTITAN is moving in an arc /dome and testing the neckline few too many times.
Back in the zone. so watch out.
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.
TITAN Breakout ZoneTITAN is in the breakout / Reversal Zone of a LIFETIME Broadening_Rising_wedge.
Lets see if it breaks out or makes another WAVE down.
Titan - battery seems to get dry. So, it leads to fall...!Descending Triangle Pattern formation on Titan and it will break on down side.
Trade - Short
Short below - 505
Target 1 - 491
Target 2 - 478
Stop loss - 515
Note : Please enter the short after price got breakout...
TITAN breakoutkeep tight SL around 509-508
book some profits around 554-555
and then final target around 594 as per flag pole.
buy if opens positive around 530.
Breakouts- All Time HighsIt is been observed that DHFL and Titan breaking out to the All Time Highs, indicating a strong bullish move ahead.
DHFL
Target -355
SL -345
Titan
Target: 470
SL- 460
Titan beaking the range after consolidatoin!Titan price movements looks interesting for going long at this level. It moved vertically got consolidated 9 days and giving breakout today. It seems it got strength for the next up move.
Titan confirms Double bottom - Reversal of downtrendAs we see Titan confirmed Double Bottom pattern by closing above 325 level. Also there is positive divergence in RSI & MACD histogram indicators at the two bottom levels namely at 303 & 308 confirming the reversal of downtrend. On balance volume also rising. It achieved target price of 350 levels as per double bottom pattern calculation. Next Target price is 375 . Lets see what the pattern unfolds in days ahead
TITAN - BULLISH MARUBOZU CANDLESTICK FORMATION It is been observed on the daily chart that the price action forms a bullish Marubozu candlestick pattern with a breakout from a downward trend line indicating buyers dominance over the price action and control over prices. It shall move further up to next resistance levels.
Target 1: 332
Target 2: 340
Stoploss: 312
TItan Long BreakoutTitan is giving long breakout above 312.30 above this it can go the level 315.50/319.80 if do not break 309.40 on downside.
Is Titan Ready for a breakout?As we can see in the Chart Titan has taken support again at a major trend line support and especially on a day when nifty was down .73% and it has formed a DOJI and its now trading in a very tight channel. I might be wrong but now to go long in Titan with a small stoploss of 380 on a closing basis for a target of 390-395-400 within this series.
Titan Breaks Out from Descending TriangleThe price action broke out from triangle and followed up with big green candlesticks indicated strong buying pressure. At current prices, the price action may move down to 406 levels again as profit booking can be seen and from 406 levels new buying pressure will be asserted in price action to move upto 430 levels or to previous resistance.
Target: 432
Stoploss: 390
