Titan wait for retracement - LongGood for long, when its get supported by trend line. the same line will act as 1 week point of control.
Titan
Clear price action pattern in Titan, 8-15% upsideTitan is currently at a resistance which it has faced multiple times previously in the range of 2500-2550. If it manages to break the resistance, further up move can be expected. Targets are mentioned in the chart.
Considering global uncertainties and fall in US markets, the stock might also consolidate between the range 2400-2530. A trade can be taken if it sustains above the major support of 2400.
Please perform your due diligence before taking any trade.
Happy Trading :).
TITAN LOOKING A GOOD BUYTitan looks good to buy if sustains above 2200 for the marked target on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
TITAN short(W)Following the 4 stages of the cycle, Titan seems to be entering the fourth stage of the cycle. A clear break down the trend line provides confirmation on the weekly time frame.
TITAN NEGATIVE BREAKOUT Titan gives negative breakout on the basis of simple price action it tried to break uptrend line many times but closed above but this time is gives a close below
TITAN - 8th June 2022Stock trying to hold 2090-2000 Levels.
Break or Holding of these Levels can lead to sustained trending moves in that direction
TITANSwing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Titan looks bearish below 22002200 ZONE - A strong support turned into resistance. Anticipating further fall below 2030.
📊 #Titan Swing Trade Opportunity NSE:TITAN
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
#Titan Company gave Fresh Breakdown , u can short for short term#Titan Company gave Fresh Breakdown , u can short for short term
TITAN MIGHT FALL HEAVILY HERE IS WHY...Titan might fall heavily in a few days
FUNDAMENTAL REASONS
1. Previously bajaj finance posted really good results but still, it fell 6% in just one day and nowadays we are seeing that stocks after they post their results, are felling down a lot.
2. All the investors in the market are switching from blue-chip stocks to value stocks
3. the global markets are falling heavily and also due to LIC IPO we might see sell-off in the market
4. And the fed might announce an interest hike due to high inflation.
Technical reason
1. the stock is supported by a trendline and it had taken support from it 5-6 times now there is a lot of probability that it might break its trendline.
2. Whenever it breaks the trendline we should go short in the market
Titan bullishTitan is looking bullish and once it break he above trend line it will give rocket move
Reverse From Support LevelIt's trying to reverse from the current support level.
Buy between 2460-2480
Target 2650
TitanTitan nearing support
Look for a good green candle near support for entry
Technical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
TITAN titan is now on trend line support
BUY above 50 MA (2505)
SL :- 2420
this time target is big around 2700 or more.
with in 1 month.
Titan looking good for an intraday tradetitan has formed spinning tops near the rising trendline with high volumes indicating strong indecision.
It breaks down below the rising trendline, it may try to touch the lower level marked on the chart.
if it breaks out of the previous swing high, good for a buy trade but one needs to wait for confirmation of breakout as the stock is in a correction on the daily timeframe
TITANTITAN long trade
buy at 2725
sl at 2625
target 2825 and 2925 and 3025
..
titan break resistance
and now next fib resistance is 2833 so exit our 1st target (2825) 50% quantity.
than
available 50% quantity trailing stop loss.
Titan looks good for intraday short tradeTitan has been trading in a range for the past few trading sessions.
RSI and MACD are indicating weakness.
Keep it simple. Two levels are marked. the trade will be activated once it breaks the nearest 30m candles low marked on the chart.
It's always good to wait for confirmation. If it goes as expected and the price breaks the lower line, wait for it to retrace close to the line and fall again.
Titan Analysis !! Broke Out.📈 Titan Company Ltd. 📉
This broke out from a Resistance Zone of 2665-2695 and closed above previous swing high of 2600 .
On Buy Side I am looking for Targets of 2950.
Target Calculation = 2*(Resistance Level - Last swing low)
StopLoss should be kept below 2500-2550 zone.
It offers 1:2 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
