Reasons For Trade- 1.Price has Broken 4 Hour channel
2. Price is Retesting the important resistance of 1075 wich was support earlier
3.Daily Trend is Down
4.Risk Reward 1:2
Sell at 1070-1075 Stoploss 1093
(Intraday- Sell at 1070 Stoploss 1093 Target 1030)
Titan pierces through an important support level, which is what could be a trend defining one. Price range offers support through a Rising Trendline, 100 SMA and price support of 1150. The fall is largely triggered by the news of a slow down acknowledged by the management.
However, the suggestion would not be to short sell right away but to wait for today's...
Dear Clients and Readers
I will Trade Only The Red Line broke 2nd below line
TITAN STILL NOT ACTIVE I WILL ONLY THERE BREAKOUT - This is Advance Call But Blue line is Good Secret Retracement point if break then easily my target will achieve ...
if you want trade peacefully means Trade only with Technical level Opportunity..
Kindly Go through the Chart , If...
Titan has formed head & shoulder pattern
Currently it's forming right shoulder so looking good to sell around 900 (small bounce back).
All indicators are also at sell side only.
First target can be 825 in 1 month
In 3 to 5 months, it can be 650 because it has created gap in the pattern so it will fill the gap before next major upmove.
For educational purpose only.