Titan Trading/Investment OpportunityTitan Buy Analysis
As per the current market scenario, Titan appears to have found a support level and may have bottomed out, presenting a favorable buying opportunity. Here are the suggested entry and target levels:
Buy Setup
Buy Above: 3,220
Targets: 3,270, 3,350, 3,410
Rationale: If Titan surpasses the 3,220 mark, it could signal a recovery and upward momentum. Achieving the first target at 3,270 may lead to further gains, reaching subsequent targets as market sentiment turns positive.
No sell call has been provided, as Titan appears to be at a strong support level, indicating limited downside potential.
Disclaimer
I am not SEBI Registered. This analysis is intended solely for informational purposes and should not be considered as financial advice. Please conduct your own research or consult a professional before executing any trades. Trading in financial markets carries significant risk, and past performance does not guarantee future results.
Titanlong
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!
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 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.
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📚 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 Small Swing trade idea Nifty 50 Stocks swing BTST IDEATitan 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 ZONE SO that's why i give both side targets not a buys ell advice just for educational purpose
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.
Clear price action pattern in Titan, 8-15% upsideTitan is currently at a resistance which it has faced multiple times previously in the range of 2500-2550. If it manages to break the resistance, further up move can be expected. Targets are mentioned in the chart.
Considering global uncertainties and fall in US markets, the stock might also consolidate between the range 2400-2530. A trade can be taken if it sustains above the major support of 2400.
Please perform your due diligence before taking any trade.
Happy Trading :).
📊 #Titan Swing Trade Opportunity NSE:TITAN
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Titan Analysis !! Broke Out.📈 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. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Titan moving towards new highs.Titan has closed above the resistance level and formed a new ATH.
The stock has broken the resistance level with volume confirmation and on fib levels can travel up to 2835.
On an hourly time frame the stock has formed a flag and pole formation.
Wait for the levels to be respected or broken and watch for the chart pattern to form near the predefined levels.
Support:- 2670, 2600
Resistance :- 2715.
The stock can give a nice move on the long side if closes above the immediate resistance level.