Price after breaking the symmetric triangle pattern formed channel pattern and reached the important levels. Previous history of the stocks analysis clearly shows that price is either taking support or resistance in this levels for more number of times as shown by arrow marks.
If price rejects the channel top and reached the channel bottom it would be a best...
Stock ( 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
I hope you can now see how the Titan represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...