After a Breakout with good volumes
Stock is in pullback with negligible volumes
MacD is on the Verge of turnaround
If so happens now we may witness price going up again with heavy volumes & not turning back soon
Entry may happen some around at current area 2470-80, rest only above 2550 only for better Trade Management
View negated below 2440 (CLBS)
Stock has given an impulsive fall ,which suggests that there is a strong possibility of a zigzag correction. One should sell on rise near the level of 2550 keeping SL of 2610 & look for the target zone of 2250-2150 to fill the gap.
EXPLANATION : This is a 45 min time frame chart of TITAN . The stock has been in a uptrend for days , I am seeing a very good selling opportunity in TITAN because of many reasons . It has formed head and shoulder pattern , gap pending in market It goes to correction . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am...
NSE:TITAN
TITAN - Breakout from Trendline with Gap-up
Expect another 200 Points up move before heading for a Correction and Gap fill.
Buy around 2200-2250 for Longterm
NIFTY 50 EOD ANALYSIS -07-10-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17810.55
H 17857.55
L 17763.80
C 17790.35
EOD +144.35 points /+-0.82%
SGX Nifty @ 1735h...
EXPLANATION : This is a 45 min time frame chart of TITAN . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
Last day I published an idea on irctc .Now Titan also looks similar ready to fall,but again this is not trade to short futures it is for shorting call near strike price of recent high.Happy Trading :) NSE:TITAN
Titan Looking good as we can see it formed Flag And Pole Bullish Pattern so we will wait for breakout and Try to take trade ....
Buy Above- 2120
Target - 2140/2160/2165
SL- 2080
Titan has crossed the resistance zone with volume support and also have given closing.
It was in consolidation for almost 5 months.
Good up move expected.
This post is for educational purpose only.
hello traders and investors, as you can see my previous idea is still going great and i have added ab=cd harmonic to compliment this previous idea.
Potential reversal zone according to both setups is range 2045-2055. @055 is according to my previous idea i posted a while back you can see here :
Our harmonic setups 99% of the time work well
Please like and share...
