Titan
#TITAN looks to be a eligible counter for breakout above 1625#TITAN looks to be a eligible counter for breakout above 1625
It has been staying the box for 1400 - 1600 Box since last 5 months and for the last few days it is staying in the top of the range attempting a breakout
The volume support has been increasing in the recent past
The counter has making highers highs for while now and nearing its recent BO point
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
TITAN BUY SETUPNSE:TITAN
Price is falling from a 2HR RZ SZ and coming towards an FLZ zone, we have another FTR zone below it.
So
1. I think price will go through the FLZ kiss FTR and then bounce back up.
2. If the arrival is fast there is a gap down opening, although very little possibility but then the price can go down.
TITANNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
Titan - Rectangle - BullishTitan was recommended at 1522 on 18th of May to WApp group members for a positional target of 1620. The stock has today made a high of 1614. At this Juncture, Titan is forming a bullish rectangle too whose targets on the upside are even farther.
Buy: Titan
CMP: 1608
Target: 1800
Stop Loss: 1535