titan chart analysis for intraday and swing trading
parallel channel with impulsive looking fall. One should sell the stock on current levels & add on rise . The target should be 1710/1690/1675
Technical Analysis of: NSE:TITAN The Elliott waves Cycle Oscillator is indicating a detection of corrective (correction / fall) wave. The Elliot wave is showing a CORRECTIVE movement, showing an DOWNTREND . The waves 1, 2, and 3 completed at 1559.9,1462.25,and 1803.95 Seeing a BEARISH trend further ahead, the RECOMMENDATION is to SELL...
Inverted cup and handle pattern breakdown 1020 can fall up to 1700
As we can see in weekly time frame, it is making perfect deep crab pattern and respecting it. Now as it has completed pattern at point D, we can consider shorting it : View1:- we can short now with stop loss of middle red line that is at 1758, with stop loss of 1765 View2:- (safe bet), if candle closes above 1765 then we can safely long till 1803, then from there...
understanding trends through support and resistance, day trades trade will remain void if it opens big gap up or gap down.
trades according to support and resistance. trade will remain void if opens big gap up or gap down.
Titan is in its breakout zone in my quant box on the daily chart. RSI is filled with more of +ve Beta means if it breaks upward it will be good for the derivative traders but if it gives a breakout downwards then it will take time for the script to reach the given target rather it may go sideways because RSI will take time to gather negative +Beta. MFI must take...
you can learn from others' experiences is the key in the stock market.
Notes: - The Scrip was in a channel consolidation ever since 3rd Dec 2020 (220 point range roughly) - It has tested the upper bounds of the channel 4 times in total - Currently, the scrip is consolidating and testing the upper bound of the resistance zone (at around 1615-1620 ). Because of the consolidation, I'm slightly bullish since the last three times it...
ACCUMULATION REGION: Using Volume Profile one can identify probable accumulation or distribution regions by comparing the historical Volume at Price and current Volume at Price. Most of the times a breakout/breakdown from the region confirm accumulation or distribution. In Titan since the rally began, current volume levels are comparable to previous volume...
Stock has given breakout ... ---> keep in watchlist Can be traded using opening range breakout on 15M / 30M chart use basic pivot . def buy if stock comes back to retest --> make sure to place a buy order around @1630
Targets For Titan After Breaking the ATH. Levels mentioned in the chart.
Titan is testing its All time high for another time at 1610 levels. If it manages to break the resistance, Execute long after the retracement happen near the Resistance level as mentioned in the chart for a minimum target of 50 points. If it fails to break and started to fall, execute Short at 1580 levels after the retracement (for confirmation) for a target of...
Gave a massive breakout. It is not wise to jump into the trade right away since SL will be huge. Traders with FOMO can add 30% of their usual allocation at this level and add more if there is retest of the previous resistance zone. Tgram: Stocks 101
NSE:TITAN expecting small fall after big BO short term target for this is 1800++