Titan By KRS chartsDate: 23rd July 2024
Time: 12:15 PM
Why Titan?
1. On Weekly TF, 100Ema is good support underneath.
2. With 100EMA Bullish Continuous Divergence clearly visible with MACD as we can see in chart.
3. Wave Theory also suggest that Titan is in 5th wave on bigger cycle and seems like 4th wave is finished in smaller cycle so there is one more leg of 5th wave upside is remaining.
After considering all the above points we can buy Titan Company for ATH and further towards upside with the SL of 3050 Rs from current price.
Titancompany
TITAN BULLISH VIEWTITAN is in a bullish trend
A triangle pattern is formed in this chart
There is a good demand zone
From here big players can enter
From here the stock can be more bullish
Entry @ CMP
1st target @ 4130
2nd target @ 4450
Stop loss @ 3545
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
so please keep TITAN in your watchlist for long term investment.
If yoy like my view, do support it with a boost whitch is valuable inspiration for me to post ideas like this in future. thank you friends!
TITAN double bottom patternTITAN create double bottom pattern at support level of 3519.75.
After breakout of level of 3644.45 price is retracing here.
between 1-3 days if market create any bullish candle in this area we will be long for 3850
Our First Target : 3850-3859.35
Buy Above this range : 3654-3662
Stop loss : 3628
Retest of Breakout and Rally Base Rally Zone | TitanIn the world of trading, spotting breakout opportunities and understanding retests can be the golden ticket to success. Today, we're diving into Titan's recent journey, breaking down the technical jargon for our fellow traders.
Key Breakout Details:
Titan broke resistance days ago, hitting an all-time high.
Before the breakout, consolidation set the stage for the upward move.
Currently, Titan is retracing to retest the breakout.
On the daily timeframe, the uptrend is confirmed, and no Supply zones are in sight.
We're focusing on the 75-minute chart for this analysis.
Rally Base Rally (RBR) zone at previous resistance is crucial for retest analysis.
This RBR zone also appears on 15-minute and 125-minute timeframes.
Trade Strategy:
Buy at the 75-minute demand zone.
Place Stop Loss below the demand zone with a buffer.
Target the all-time high.
For a riding rally, regularly adjust Stop Loss and target.
Educational Reminder
This analysis is for educational purposes only and not intended as a trading or investment recommendation. I am not a SEBI registered analyst.
Lastly, thank you for your support, your likes, and comments. Happy trading! 🚀💹📈📊
Remember: "The market is a device for transferring money from the impatient to the patient."
TITAN - SWING TRADE - 27th December #stocks#TITAN (1D TF)
Swing Trade Analysis given on 27th December, 2023
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte
TITAN : Time to short after huge rally Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Broadening Triangle
📌 Symbol/Asset: TITAN
🔍 Description: Stock has formed Broadening triangle pattern after huge rally.
We might see downside from 3800 levels and one can think of short it.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Neat & clear breakout seen in Titan (Buy)Titan has given a neat and clean breakout and sustaining above the breakout zone so this is a indication that Titan is now going to make new highs in coming months. MACD is also started forming bullish crossover and very soon it will form bullish crossover. But why to wait till then when titan already tells itself after breakout resistance levels.
This is sure today it is going to close above 2800 levels. just 15 minutes remaining in closing. So with current levels and go for target given on chart. Well this is mine all time favorite stock for holding for long term, as this has already made millionaire to many of them in past.
I have a trade for option writer:-
Sale Titan June 2860 Pe at 83.5
(stop loss 160)
Target 25/15/5/1
and hedge with
Buy Titan june 2700 pe at 22.5
For naked option buy:-
Buy Titan june 2800 ce at 62
Stop loss 25
Target 90/110/125+
Always follow strict stop loss for trades.
If anyone like my work then please like, follow and comment.
Thankyou.
Disclaimer:-This is not and trade or investment advice. This idea is meant for learning. Invest your capital at your own risk.
Titan Breaks Resistance, Soaring to New Highs🚧 Introduction 🚧
Titan, a stock that has been supported by a trendline since the COVID-19 period in March 2020, has exhibited a strong upward trend. However, it encountered a formidable resistance zone between October 2021 till May 2023, ranging from 2677 to 2791. This resistance acted as a significant supply zone for nearly 20 months. Finally, on May 29, 2023, the stock broke through this supply zone and is currently trading at an all-time high of 2861.
⚙️ Analysis ⚙️
Titan has found support from a trendline.
Between October 2021 and May 2023, the levels of 2677 to 2791 served as a strong resistance zone.
On May 29, 2023, Titan broke above this resistance and is currently trading at 2861, an all-time high.
🔍 Trading Strategy 🔍
Traders have two options based on their risk appetite:
Aggressive traders can consider buying above the high of the breakout candle.
Safe traders may choose to wait for a retest of the breakout level and then enter a buy position.
⚠️ Disclaimer ⚠️
This analysis is for educational purposes only, and I am not a SEBI registered analyst. Please conduct your own research and consult with a certified financial professional before making any investment decisions.
👍🏼 Support Appreciated 👍🏼
If you found this analysis helpful, kindly like and share your thoughts in the comments. Your feedback and observations are invaluable to me.
Thank you for your continuous support, likes, follows, and comments. Your encouragement keeps me motivated to consistently provide valuable insights.
📣 Follow for More 📣
For more articles and trade setups, follow me on TradingView: in.tradingview.com
"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful."
📚 Technical Terms Explained 📚
Trendline: A line drawn on a chart to connect multiple price points and identify the direction of a trend.
Resistance: A price level where selling pressure outweighs buying pressure, causing the price to reverse or stall.
Breakout: The point at which the price breaks above a significant resistance level, indicating a potential upward movement.
TITAN- Relative Strength says SELL!Attached: Titan/ Nifty 50 Daily Chart Live Market Hours as of 18th April 2023
The Ratio Chart signals that TITAN has completed Wave A/ 1 and done a retracement in Wave 2/ B and now the 3rd Wave/ C Wave Down is to Start
This implies that on a Relative Basis, TITAN is likely to MASSIVELY Underperform Nifty 50 Index
Today Titan is also One of the Top Losers from the Nifty 50 Index Top 20 Heavyweights
So as they Sell Weakness and Buy Strength
Hence, Look for Short Opportunities in Titan
Titan a bullish scenarioTitan seems to be forming a bullish scenario & can be bought on dips. On daily it formed equal lows & broke the downward trend line with high volumes. Near the equal lows it also did a classic wyckoff accumulation on a lower timeframe. After breaking out of the daily trend line it also formed a very big volume imbalance.
Strategy 1 - wait for price to come to the hourly demand zone then take a buy entry.
Strategy 2 - wait for it to tap in the volume imbalance & buy from there.
Note - Strategy 2 should only be used if the stock is showing bullish momentum from the volume imbalance. For a detailed explanation of what a volume imbalance is you can check out the maruti analysis linked to this post.