Date: 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...
Initiate a BUY position on Titan. We can see 4000 in the coming months. Hold for a long term.
This Idea is purely for training and educational purposes. We shall not be responsible for your profit or loss. Please confirm with your investment advisor.
Good Luck!
NSE:TITAN is back to its major support. Gold prices have cooled off by 5% but still up by 11.31% YTD while Tanishq's parent company is negative YTD. Stock can be entered at this price point. Closing above 3650 can open way for 3800.
TITAN 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...
TITAN 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
In 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...
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Channel
📌 Symbol/Asset: TITAN
🔍 Description: Stock is in a rising channel and now one can short it!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
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.
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...
🚧 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,...
