TITAN trade ideas
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.
Titan - Price Action AnalysisExecute Long only if the RSI breaks the trend line in upside with day candle close for a target of 1526.
Execute short if the price breaks the neckline ( Strong support zone ) and manages to stay below it for a target of 1300 & 1200.
Right now the stock is in indecisive mode. Don't take any heavy positions for now. Execute only if the above conditions met for good targets.
Kindly share your valuable feedback.
Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
TITAN-Short Term View++Lower High's and Low Formation++
Sell immediately with small stop loss for Target 1400 and 1365 alternatively buy breakout of this channel above 1475-80 for short term Target 1500/1520/1550
((Remember 1400 is an important support and a decision point for the stock on daily and weekly time frame))
~This analysis is only for Educational purpose~
Pls do comment if you hv any suggestion/query regarding this Analysis
Trend line breakout, retested and produced bullish signTrend line breakout retested and produced Hammer candle
TITAN Big Bull favourite I'm expecting a breakdown (maybe the stock can take support at the level and possible for a double bottom and move upwards)
The Reason Why I'm bearish:
1.Bearish Engulfing at channel resistance
2.Global crisis
3.Nifty looking weak
4.Rangebound breakout will be very effective.
5.Avoid taking long for this month(index looking weak )
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
TitanTitan seems to be forming an Expanding Triangle in Wave 4. Keep the counter on radar and watch out for a break out.
Titan 15m time frameIn continuation to my previous analysis. where we were bearish first but after testing the support level titan came back up to the same resistance band. In this shorter time frame we can see how the price have consolidated in this resistance band. Wait for a breakout it can give a good bull run, of the market stays non-bearish.
Trade wisely...
Swing Opportunity in TitanGo Long above 1469.85 for Targets of 1514.05, 1558.05, and 1601.7 with SL 1425.85
Reasons to go Long :
1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1-day chart we see the stock took support from 0.5 Fibonacci level and moved up.
2. On 0.5 Fibonacci level the stock has made a bullish candlestick pattern (Bullish Harami) and another bullish candlestick pattern (Bullish Engulfing) around 0.382 Fibonacci level.
3. Also we can see that the stock is forming double bottom (W pattern) which is bullish.
4. In addition to this there is a strong demand zone (marked with a green rectangle) around 0.5 Fibonacci level from which the stock is moving up.
Titan looking strongTitan breaked out falling trendline
Sustaining above 1460-65 willl be a good buy
Keep an eye on it
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
TITAN Analysis - Sell Titan For 10%
TITAN Analysis
Sell- Below 1390
SL - 1425
Target - 1330 1250
Titan is ready for its downtrend below 1390. So, either you book exit your long if price starts trading below 1390. You can short as it is a F&O stock.
Always hedge your positions either in long or in short.
I will be bullish if stock closes above 1630 in upside. But there is very less room in upside. If prices starts trading above 1630. we will consider long for the target of 1760.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
Titan 1h time frameTitan company has been moving in a very tight range, and now consolidating at the resistance along with the MA giving a bearish suggestions. Wait for the trend to break, or if the market turns bearish this will be a good fall.
Titan LONGThe Titan stock has been showing a channel move in a down-trend. It is currently poised around it 100 day EMA and close to break out (BO) from channel trend. If the stock gives a BO then 100 day EMA will act as a strong support followed by 1398 level which would be an ideal stop loss as it has been tested multiple times before. A cross-over is seen to be given by Stoch RSI (buy indicator) and is close to macd crossover.
TGT: 1565 SL: 1398
Risk:Reward = 1:2
PS: I am rookie/beginner so please do comment your suggestion and thoughts. It would certainly help in my learning.
Titan one of the favoriate big bull stock three drives patternThe stock has taken support at 1400 and moves upward, we can expect a new trend to start, or else we can expect dow theory or double bottom
