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Titanstock

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.
NSE:TITANLong
by ShelendrAgrawal
Swing SetupEXPLANATION : This is a 45 min time frame chart of TITAN . The stock has been in a uptrend for days , I am seeing a very good selling opportunity in TITAN because of many reasons . It has formed head and shoulder pattern , gap pending in market It goes to correction . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell at the top , I am bullish on this stock for the coming days . Enter as per your setup . If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
NSE:TITAN
by pranav_nanavare