SHORT TITAN: Educational analysis, Death CrossTitan will be going down by until 10-15 days, backed by a holy DEATH CROSS and analogy going from weeks.
Titan is a showing a lil bearish pattern looking at stock series data from around December 2022. This pattern has not been changed yet.
A visible death cross pattern appeared, as we can see. Stating that this downward trend can be there for a long time. Good News.
While on the recent opening of the fundamental data, revenue has increased wrt expectation but the earnings have not been increased but have decreased, hence we can see a huge spike on 3rd February 2023,
One more analogy is that, a period of around 13 days is required for the hill pattern to occur, first the stock will move up and get back at similar value position at around 13 days later.
Hence predicting that TITAN will go around 2347 on 05-04-2023.
Let's see.
Titan
TITAN- Hidden Bearish Divergence SELL!Attached: TITAN Daily Price Chart as of 22nd March 2023
Price has triggered a SELL Signal today on account of the following reasons:
1) Hidden Bearish RSI Divergence as RSI puts in a Higher High but Price puts in a Lower High
2) Price has come back to Retest a Prior Support Zone which now can act as Resistance
3) Dow Theory Structure of Lower Highs and Lower Lows still intact so it is a Down Trend and NO Trend Reversal yet
4) Elliot Wave Count suggest Price is ready to start Wave Z down of its complex correction
Our Plan of Action is:
Short at Current Market Price= 2508
Stop Loss > 2550
for Downside Target Open to 2270
Titan Titan on weekly timeframe has made a double top and has also given a rising channel breakdown on weekly time frame, expecting some pullback and a retest of the channel around fibo levels from where we can expect another round of sell off to achieve downside targets of 2400 or below.
Daily chart analysis for same is attached below
On 2 hourly time frame, we can see a good short can be initiated around the support channel breakdown, so if any retest happens around this area and we see any reversal structure being formed - it may give some good R:R trade there.
Nrml Buy trade in Titan for almost 3 to 4 days here titan is continously falling from its top the retracement come and go this stock become very weak, sellers can not push stock further to downside because its already in down side now its buyer short trade oppourtunity to buy a stock for two to three days and hit back to late seller who do not identify the oppourtunity on time this may be the buyers chance to hit back and selling has marginally decrease from last three days i have watching this stock on daily i seen a pattern that may behave like a bullish pin bar formation buyers are accumalating at 2300 to 2350 level and target would 2400 to 2450 level this is clearly a logical trade i did not seen any big breakout yet but i can tell this from my experience if i am wrong than i will add this to my experience or if i was right then i will continue to follow this method
here is chart which i capture
analysis point
1> there is gap between 2410 ti 2420
2> its fall for almost 3 days forcefully
3>it has retrace back at least for 2 days which in fact try to filled those gap or even it might go above that to exit late shorted seller
these are our analysis points
titan Small Swing trade idea Nifty 50 Stocks swing BTST IDEATitan Small Trade- titan Small Swing trade idea Nifty 50 Stocks swing BTST IDEA FOLLOW FOR MORE EDUCATIONAL
Both Side can go.
For Buy Only above 2634
with SL 2564
Tgt will 2763-78
Note Educational Only
For Sell side if Breakdown
Sell below 2563
with Sl of 2608
Tgt will be 2470
CONFIRMATION : FOR UPSIDE FIB RETRACEMENT, RSI & SLIGHTLY BELOW FROM MAJOR SUPPORT ZONE SO that's why i give both side targets not a buys ell advice just for educational purpose
Titan a bullish scenarioTitan seems to be forming a bullish scenario & can be bought on dips. On daily it formed equal lows & broke the downward trend line with high volumes. Near the equal lows it also did a classic wyckoff accumulation on a lower timeframe. After breaking out of the daily trend line it also formed a very big volume imbalance.
Strategy 1 - wait for price to come to the hourly demand zone then take a buy entry.
Strategy 2 - wait for it to tap in the volume imbalance & buy from there.
Note - Strategy 2 should only be used if the stock is showing bullish momentum from the volume imbalance. For a detailed explanation of what a volume imbalance is you can check out the maruti analysis linked to this post.
TITAN Bearish Pennant !!!!Chart shows the Bearish Pennant clearly!!!
1. Titan has already given Breakdown with volume on 15th december (day candle) .
2. Bearish Pennant formed (2hr timeframe ) and given Breakdown with superb volume!!!
3. Target level mentioned @ chart.
4. SL can be 2hr candle escaping the pennant.(closing price).
Note - Just Sharing my view....not a tip nor advice!!!!
Titan Good to keep on radarNSE:TITAN
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
TITANTITAN: - Stock is stuck in range from last 1 year keep your eye on it
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TITANTITAN:- Formed rounding bottom pattern in weekly chart.
If this resistance break. go for long
keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Titan Company Ltd - Breakout Soon + Keep an eye 📊 Script: TITAN (TITAN COMPANY LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500
📊 Sector: Consumer Durables
📊 Industry: Gems Jewellery And Watches
Weekly Time-Frame
Key highlights: 💡⚡
📈 Script is trading near at its resistance level which is around 2745 in both daily as well as weekly Time frame as mention in chart.
📈 MACD and Double Moving Averages may give crossover into next trading session.
📈 RSI is around 62.
BUY ONLY ABOVE 2745
Last 5 year stock performance between Sep - Dec
💥2017: 35%
💥2018: 3.4%
💥2019: 7.6%
💥2020: 24.5%
💥2021: 26%
👉Strong fundamentals, Expensive valuation
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
#Titan ATH weekly closing, above 2770 kya ye fatega? Titan has given all time high weekly closing supported with good volume activity. Now I want this to cool down a bit and consolidate between 2690-2770 zone before breaking out above 2770. Hope this is not ploy of big operators to trap retailers and we need to keep eye on this counter, earning report is expected on 4th Nov and can be typical "Buy the rumour and sell the news" kind of story. Can Diwali sales help this counter to give good move, we will see






















