TITAN COMPANYBreakout on daily chart
Intraday volume looks good
Break out came after one month consolidation/correction of price.
TITAN trade ideas
TITAN is going to give a big bull or a bear. Trading at all timekeep an eye on titan it is going to break the resistance of all time high.
Diamond, Gems and Jewellery companiesCreated Custom index of Jewellery companies comprising by top 10 market cap. Sector looking in strength.
TITAN CMP 1714 SHORT @1730-1750 FOR TARGET1690-1660-1620+ SLTITAN CMP 1714
SHORT @1730-1750 FOR TARGET1690-1660-1620+
SL ABOVE 1760
TITAN 1700 PE CAN BE BOUGHT @ 32-30
TARGET - 43- 52- 62-70 - 80-90-100+
SL SAME 1760 ABOVE CLOSING BASIS
Go long Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint-venture between TATA Group and Tamilnadu Industrial Development Corporation
TITAN INTRADAY IDEA. TF:- 15 MIN. STOCK IS FOLLOWING A VERY GOOD TREND LINE AND CURRENTLY ON TREND LINE SUPPORT, BUT ALSO IT HAVE NOT GIVEN CLOSING BELOW 200EMA ON 15 MIN TF, BOTH SHORT AND LONG TARGETS ARE MENTIONED ON THE GRAPH.
REASONS FOR STOCK SELECTION:-
1. RISING ADX,
2.TREND LINE SUPPORT,
3. EMA SUPPORT,
4. GOOD RRR ON BOTH SIDES.
titan - buybuy from cmp to 1686
easy target - 1738
Disclaimer : This is my personal analysis for study purpose not intended for trading
TITAN Use of EMA and CIP zoneBuy when Price touches the EMA near the CIP zone.
Short term swing trade (~ 6 months)
Rounding Top FailedRounding Top is a bearish pattern. But in this case it has failed and stock once again looking in positive bias. Looking good at CMP for target 1780+ with SL below 1660.
TITAN is showing signs of reversalNSE:TITAN is showing signs of reversal. And seems it's taking support on the trend line.
TITAN
TGT 1= 1622
TGT= 1382
This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk
