ACCUMULATION REGION: Using Volume Profile one can identify probable accumulation or distribution regions by comparing the historical Volume at Price and current Volume at Price. Most of the times a breakout/breakdown from the region confirm accumulation or distribution. In Titan since the rally began, current volume levels are comparable to previous volume...
Stock has given breakout ... ---> keep in watchlist Can be traded using opening range breakout on 15M / 30M chart use basic pivot . def buy if stock comes back to retest --> make sure to place a buy order around @1630
TITAN weekly demand zone marked on chart with trade setup.
NSE:TITAN expecting small fall after big BO short term target for this is 1800++
TITAN, near very strong resistance, already tried to break 3 times, wait for breakout, once close above 1620, enter on buy side.
Titan Forming Cup HANDLE PATTERN Let it make handle wait till it goes 50% of cup. Buy on Breakout above resistance.
Execute Long only if the RSI breaks the trend line in upside with day candle close for a target of 1526. Execute short if the price breaks the neckline ( Strong support zone ) and manages to stay below it for a target of 1300 & 1200. Right now the stock is in indecisive mode. Don't take any heavy positions for now. Execute only if the above conditions met for...
The Titan stock has been showing a channel move in a down-trend. It is currently poised around it 100 day EMA and close to break out (BO) from channel trend. If the stock gives a BO then 100 day EMA will act as a strong support followed by 1398 level which would be an ideal stop loss as it has been tested multiple times before. A cross-over is seen to be given by...
TITAN COMPANY MADE 2 TIMES SYMMETRIC TRIANGLE AFTER GOOD BREAKOUT. BEST OPPORTUNITY TO LONG POSITION. 15 MIN TIMEFRAME. THANK U
Titan has given breakout...will wait for 4 hour candle to close before i enter
The sideways price action suggest that the stock prices are into a correction & once the corrective price movement completes the rally should resume to the upside again. One should invest in the stock following buy on dips strategy till 1350 levels maintaining a sl of 1200 for targets of 1800 /2000 into coming months.
This post is an update to the previous entry setup posted a while back, the price is behaving as expected and is a good time to deploy the other 50% capital to average out the previous position if taken. Else wait for the wedge pattern to break and retest and take full 100% entry with one lot. ------- Titan fundamentals also look strong as they are opening...
Titan company has bounced from its support level of 1400 and it's 100 day Moving average. With a stop loss of 2.5% and target above 8.2% gives a risk reward ratio of 3.27. 2 confirming candle made - can buy on 25 Feb opening market.
As per previous learnings, we can see in the chart that price made fake H&S Pattern and after some consolidation made higher low and now again reached at a crucial level. So as per basic price action if it breaks the basic level of 1395 with high selling volume then after some retesting it can go down to 1300 followed by 1260. IF It does not succeed to...
Please see the levels marked in the chart as it is there for a swing trade or long term positional trade. Please take an entry only after the channel pattern is broken + retested on nearest resistance zone. Thanks, feel free to comment on any doubts if you have.