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...
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 :)
Titan is range-bound in a symmetrical triangle formation which is now narrowing down. a breakout/breakdown of this range can occur tomorrow and can give us a good movement on either of the sides.
NSE:TITAN expecting small fall after big BO short term target for this is 1800++
Titan Forming Cup HANDLE PATTERN Let it make handle wait till it goes 50% of cup. Buy on Breakout above resistance.
TITAN Analysis Sell- Below 1390 SL - 1425 Target - 1330 1250 Titan is ready for its downtrend below 1390. So, either you book exit your long if price starts trading below 1390. You can short as it is a F&O stock. Always hedge your positions either in long or in short. I will be bullish if stock closes above 1630 in upside. But there is very less room in upside....
As per previous learnings, we can see in the chart that price made fake H&S Pattern and after some consolidation made higher low and now again reached at a crucial level. So as per basic price action if it breaks the basic level of 1395 with high selling volume then after some retesting it can go down to 1300 followed by 1260. IF It does not succeed to...