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 trade ideas
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.
Titan looking strong on Daily BasisAfter a brief trending period, Titan is in Accumulation Zone which once broke it will reach its All-Time High.
One can initiate the trade with Trailing Stop loss.
Titan forming inverse Head and shoulder , trying to break neckTitan forming inverse Head and shoulder
This can be all time high reversal. Very strong support, tested 4 times.
Very good reversal can go all time high because its consolidating since long time in a range.
TITAN MUST BREAK THE RANGETITAN MUST BREAK THE RANGE. GOLD PRICE GOING UPWARDS. RS INDICATOR NOW ABOVE 0 WEEKLY RSI ABOVE 60. SO IT MUST GO UPWARD. SWING TRADE WITH 2 HOUR SUPER-TREND INDICATOR.
Titan- Might be an intraday performerUnless it's gap up or gaps down, Titan would be a perfect share to long on an intraday basis if it breaks the trendline with decent volume. The Risk-Reward ratio is also perfect 1:2 where 10 points will be SL and Target will be 20 points.
