TITAN (Titan Company Ltd) SELL BELOW 1148
The stock fell sharply around 8 July and had been weak. But in the last session, the stock has crossed important levels of 1100 and 1140. It has entered a bull phase and will have up trend till its above 1104.
NSE:TITAN Looks nice as Gap Low's may act as resistance
TITAN LONG ENTRY 1097, STOP-LOSS 1081 , TARGET PRICE 1136. NOTE : CONSULT WITH YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION .
Reasons For Trade- 1.Price has Broken 4 Hour channel 2. Price is Retesting the important resistance of 1075 wich was support earlier 3.Daily Trend is Down 4.Risk Reward 1:2 Sell at 1070-1075 Stoploss 1093 Target 1010 (Intraday- Sell at 1070 Stoploss 1093 Target 1030)
Reasons for Trade- 1- Rising gold prices is big concern for titan 2.Daily and weekly trend down 3.Flag or channel breakout possible 4. Risk Reward 1:2 Sell below 1030 Stoploss 1046 Target 1000-980
Titan has formed an inverse head and shoulders pattern. A short term target is 1200. Buy only if it closes above 1110 on Friday.
Titan Hourly Chart Analysis. Yellow zone is providing resistance from a long time.. buy above the zone may be safer.
TITAN (Titan Company Ltd) BUY ABOVE 1075
TITAN (Titan Company Ltd) SELL BELOW 1028
Titan is heading near support and may bounce back to 1074
IT IS IN SUPPORT LINE AND IT ALSO FOLLOWS A HORIZONTAL CHANNEL.SO IT HAS A CHANCE TO GO SIDEWAYS.
Titan under consolidation in the weekly charts. Follow the breakout from the Fibonacci Channel created. Overall sentiment of the market is also factored in.
Titan Buy at 1088 Stoploss 1000 1250-1300
EXITED LONG AT 1300, COVERED SHORT AT 1100, BUYING AGAIN BETWEEN 1030-50 SL 1000 , SINCE GOLD IS MOVING HIGH FOR 4K TGT, TITAN WILL ALSO RALLY.