Very high volume breakout fail. This will go down at least 10% in short term
INTRADAY TRADE IN TITAN SHORT@990 STOP@999 TARGET-1@980 TARGET-2@975 !!please note trade with caution!! !!manage your risk!! !!trade-wise!!
in daily chart TITAN is in downtrend in last 5 trading days. As per volume, selling pressure is very high. 820 is long term support for this stock. My trade will be Short below 820.00 Target 1 - 800 Target 2 - 785
Titan looks very bearish with negative kumo cloud if breaks 825 level take short position for immediate targets of 810-805
SHORT NSE:TITAN near 960 SL 975 TGT 945/930
Tight channel breakdown short below 1150 target 1100 sl 1170 cmp 1160. time horizon 5 days from activation
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...
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 Target 1010 (Intraday- Sell at 1070 Stoploss 1093 Target 1030)
Reasons for Trade- 1- Rising gold prices is big concern for titan 2.Daily and weekly trend down 3.Flag or channel breakout possible 4. Risk Reward 1:2 Sell below 1030 Stoploss 1046 Target 1000-980
Titan is at support and formed hammer like candle. Let it form bearish candle. Sl at candles high risk reward 1:2
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...
Titan can create ABCD pattern on day chart
One might want to sell Titan on rise with SL of 1168 and target of 1112. Adjust volumes as per entry price and respect the stop loss.