📈 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....
EXPLANATION : 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...
EXPLANATION : This is a 45 min time frame chart of TITAN . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
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