Titancompany
Titan shifting toward new Vale Area Hello! Friends,
I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS.
Past the price is consolidate between 930-1030 range from past june. After consolidation between 100 points range its gives a fresh breakout which retest done by yesterday ( I mention point in the chart ) and now price is shifting toward new Value area. If price break yesterday high then we will see price toward 1100-1150-1200 in upcoming weeks.
You can add some share of titan in our portfolio
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SWING TRADE #6 #TITAN COMPANY LTD #NIFTYStock ( NSE:TITAN ) is making higher lows as shown in chart and, it broke a 1000 rs resistance level and took support and goes as per setup giving bullish signals, one may take trade based on his/her risk appetite for swing opportunity.
important levels are
entry range : 1050-1090
stop loss : 1010-1020
target : 1300
TITAN Trade setup GO LONG ... MUST WATCHHi guys this is Trader Kanishk
In this video i have analysed TITAN my fav stock
Points discussed in the video:
Why to go long in TITAN
has TITAN taken support
trendline breakout in TITAN
TITAN new support levels
TITAN new targets
TITAN new stoploss levels
TITAN entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Titan - Sell if breaches 1140, buy above 1190. Titan has formed a flag pattern, can move in either direction once it moves out of this pattern.
Short below 1140, for targets of 1068 - 1039.
If it reverses from lower range of channel, buy above 1190 for a target of 1235.
Option Open interest shows massive buildup in strike 1200 Calls and 100 Puts, a strangle can be sold at these very strikes.
This will ensure a payin of 32.5 per unit or 24375 per lot. Keep a stop Loss of Rs. 40 for this position.
This strangle will keep us in profit within a range of 1067.5 to 1232.5, this looks pretty safe for now, maximum profit will be when Titan will settle between 1100 and 1200.
View On NSE:TITAN Titan Compan Limited After making a Gap Down opening of around 100 points the stock is trading sideways. Nearest support for TITAN is at 1130 which will break in upcomming sessions and then it may fall till the level of 1024 was act as good support for stock in recent past and had bounce back to the 1390 from same support in last month.
So the 1130 is the nearest breakout level for TITAN while 1024 will act as long term support level. in my view Titan likely to fall till the level of 1024 and then it may bounce back and show 1200-1400. Consider this only for cash segment.
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