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,...
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...
Titan 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...
With phycological sentiment of trade ,
Titan company innikku breakout aga vendithu,
Why erula ,my entry point buy 2722,but price actioning rejection sell target, , 2700-2690.
Buy entry same sell target, for avg , .
I will be translate next post deatail in analysis.
Titan has given all time high weekly closing supported with good volume activity. Now I want this to cool down a bit and consolidate between 2690-2770 zone before breaking out above 2770. Hope this is not ploy of big operators to trap retailers and we need to keep eye on this counter, earning report is expected on 4th Nov and can be typical "Buy the rumour and...
Weekend Study No. 1 #TITAN
Stock is all set to give C&H Break Out on Weekly Time Frame. 2770-2775 would act as resistance zone, closing above which may open gates for Future Targets of 2900/3100/3300+ in coming weeks.
Titan looks weak below 2640 for the marked levels on the chart until 2730 is intact on the upside.
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InvestPro India Team