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 slowly turning to bearish mode as per weekly indicators. One can go short with minimum stoploss levels at this price.
Vijayaraghavan.K,
Kovilpatti
Titan 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...
H&S pattern; Target: 570
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
TITAN COMPANY is trading near to 300 EMA. AS PER RSI IT IS IN OVERSOLD ZONE.
Here is an opportunity to make long or short the TITAN COMPANY. Below are the stats for your consideration:
Buy Side Stats:
CMP: 800.60
Buy above: 795
SL: 785
TGT: 843
Sell Side Stats:
CMP: 800.60
Sell below: 785
SL: 795
TGT: 750
Note: Do not trade without Stop Loss
Waiting for breaking the neckline, i.e stock has to close below 820 levels to mark it as a breaking the neckline. Only post that a short can be initiated i.e. only after the confirmation. Once confirmed Stock can see levels of 600; SL: 943.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my...
Head and Shoulders pattern formation in the final leg.
Expecting Titan to reach 830 levels soon.
Views are personal and according to my analysis.
For educational purposes only.
Titan may be making a Bearish Head and shoulder pattern on yearly charts.
940 being the shoulders and 990 levels is the Head.
We should wait for confirmation which a closing below 800 levels for 2 consecutive days. After confirmation targets mat be 760 740 levels and may be more.
