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 trade ideas
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
Titan MADE morning star at support level good level to buyTitan MADE morning star at support level good level to buy
Titan is at daily supportTitan is taking support at 1410 keep eyr on this level it can be a make or break level for titan.
LONG IN TITANENTRY, EXIT/SL, TARGET AS PER CHART
ENTER AT YOUR OWN RISK AND RISK MANAGEMENT.
BUY ONLY IF LEVEL OF SL REMAINS UNTOUCHED BEFORE ENTRY LEVEL IS TRIGGERED
Titan : Extremely bullish for long termJewellery business has a lot of growth potential in India. Since Titan is one among the market leaders and there is a lot of unexplored and untapped opportunity in the unorganised section which is currently under the local players, Titan have a lot to grow as a business, in the future.
So looking forward to buy at the bottom of the channel targeting the highs for a profit of about 20%.
At the moment, there is no plan to add on to the position if price crashes from that level.
titan bullish butterfly plus bullish ab=cdtargets are both d points of ab cd and butterfly but let candle close above lowest pink line
setup invalid if candle closes below lowest trendline with long upper wick
Titan ready for saleTitan has broken the trendline. Also it has gone below the 200 ema. It is at important support 1423 if it breaks that the next target is 1331.
I am new to technical analysis. Please share your feedback.
1492 is a supportThis is purely for educational purpose .
dont take any trade on my view .
coz i am not a sebi registered analyst .
TITAN BULLISH VIEW FOR TARGET 1600IN SHORT TERMTITAN BULLISH VIEW FOR TARGET 1600IN SHORT TERM FOR LONG TERM 2200
TITAN VIEW IN DAILY TIME FRAMEWave 2 is simple zigzag so 4th wave will be alternation (Triangle formed). After Completion of 4th wave, 5th wave started.For more information refer the chart it indicated clearly in simple animation tool
