Consolidating This is consolidating in very tight range from few weeks, it move with good momentum once breakout/breakdown happens or range is broken. Keep eye on watch.
TITAN trade ideas
TREND and its typesThe market never moves in a straight direction. It is characterized by so called zig-zag pattern. Depending on the direction of the market it can be labeled as "Trend of the market". A vast part of technical analysis is based on this trend analysis.
The market is usually classified into three different trends.
Uptrend
Downtrend
Sideway trend
1) An UPTREND is when the market makes a series of higher Peaks and Troughs.
2) A DOWNTREND is when the market makes a series of declining Peaks and Troughs.
3) A SIDEWAY-TREND or often called a Period of Consolidation is when the market is moving sideways (forming a channel). Price moves in a flat Horizontal pattern. This shows equilibrium. Supply and demand forces are on par with each other and nullify.
It is suggested not to trade in such a TRENDLESS market because most of the technical analysis tools that we use are based on calculations of trends. There is a high chance of a false signal getting generated in such a trendless market. Waiting for a break (and maybe retest of the channel S&R ) should be a wiser idea.
//Healthy discussion is really powerful. Let's start one in the comments. Feel free to through in your ideas//
#Titan cash : Looks good sell below 1567#Titan cash -Swing call for 2-5 days
30.05.2021
Looks good sell below 1567
Stoploss 1580
Target 1552/1526
Cmp 1577
TITAN - DARVAS BOX + RSI DIVERGENCEWeekly chart of TITAN clearly indicates the price is in verge of DARVAS box breakout but in RSI, there is a negative divergence seen. So we have to wait for the upcoming weekly close before going long in this stock
Titan Forming Cup HANDLE PATTERNTitan Forming Cup HANDLE PATTERN
Let it make handle wait till it goes 50% of cup.
Buy on Breakout above resistance.
Titan Wave Analysis !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Reward is 8-10 times .
Regards @MohitArora
TITAN - BULLISH CONTINUATION 1) The stock got reversed from important resistance on 06.05.21 after long downtrend
2) Seems it continues its bullishness and trying to breach Jan 21 level
3) Refer chart for levels
TITAN BUY SETUPNSE:TITAN
Price is falling from a 2HR RZ SZ and coming towards an FLZ zone, we have another FTR zone below it.
So
1. I think price will go through the FLZ kiss FTR and then bounce back up.
2. If the arrival is fast there is a gap down opening, although very little possibility but then the price can go down.
TITANNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading.
Titan - Possibility of Breaking Strong ResistanceTitan :
Possiblity of Breaking Strong Resistance can lead to a higher territory
Long above 1622 with SL 1560
Titan - Rectangle - BullishTitan was recommended at 1522 on 18th of May to WApp group members for a positional target of 1620. The stock has today made a high of 1614. At this Juncture, Titan is forming a bullish rectangle too whose targets on the upside are even farther.
Buy: Titan
CMP: 1608
Target: 1800
Stop Loss: 1535
TITAN Near Buy Point (LONG)NSE:TITAN
Buy Above 1460 on Hourly closing Basis
Target on the upper band of parallel channel i.e. around 1580
Stop loss at just below Support zone i.e. 1395 on Daily Closing Basis
Titan has taken perfect support from its multiple time tested support zone of 1405-1420
Given outside closing of short-term downwards trendline
Good risk-reward trade against 65 point Sl 120 Point target i.e. 1:1.85 ratio
Price, Volume, and Momentum positive
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
TITAN 1W TF A price chart depicting a sharp current trend (the flag) followed by a short-lived trend or consolidation (the flag pole).
Fueling up for breakout. Let's see how it unwinds, Keep a watch for targets beyond 1610.
