Titan Small Trade- titan Small Swing trade idea Nifty 50 Stocks swing BTST IDEA FOLLOW FOR MORE EDUCATIONAL
Both Side can go.
For Buy Only above 2634
with SL 2564
Tgt will 2763-78
Note Educational Only
For Sell side if Breakdown
Sell below 2563
with Sl of 2608
Tgt will be 2470
CONFIRMATION : FOR UPSIDE FIB RETRACEMENT, RSI & SLIGHTLY BELOW FROM MAJOR SUPPORT...
📈 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....
Price after breaking the symmetric triangle pattern formed channel pattern and reached the important levels. Previous history of the stocks analysis clearly shows that price is either taking support or resistance in this levels for more number of times as shown by arrow marks.
If price rejects the channel top and reached the channel bottom it would be a best...
