TITAN trade ideas
Titan buy above 1600Titan is trying to break the resistance zone of 1600. It failed to break this resistance at least 4 times this year. If Titan sustains above 1600, there can be a good up move.
TITAN,1HrAs per the candlestick pattern and trend analysis the hanging man is at resistance market will reverse from resistance will try to hit the support
TITAN ready for new highsSWING TRADE:
TITAN
Buy: 1600 after retest;
SL: 1500;
T:1800++1900++2000++
-Mohit Rajani
Titan in momentumTitan in momentum, Daily impulse. CCI 34 Daily and monthly > 100.
Good time to enter.
Consult your financial advisor before investing.
TITAN can give 12% ProfitI will buy TITAN because :
It has been taking support at the trend line .
It has touched the support has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 1408
Target : 1580
Stop loss : 1372
TitanDaily Chart Pattern
Breakout Candidate
Positive Volume Buildup
Share up on 20/50/100/200 EMA
Can give good 10% - 20 % gain
PROS
Company has been maintaining a healthy dividend payout of 28.24%
CONS
Stock is trading at 22.21 times its book value
Company might be capitalizing the interest cost
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Titan - Looks Good for Long Titan ::
Sustaining 1620 would take it to a newer territory
Support at 1550
Titan Company Ltd Rounding Bottom Pattern
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My SL is below a strong supporting zone.
Green lines is potential stop loss.
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targets are mentioned on the chart but if this breaks its resistance zone then we have to enter.
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Note: Do your analysis before taking any action and take responsibility for your action.
BuyRS is indicating strength inncurrent upmove. Wide bullish candle is another signal of likely upmove. 10 & 20 EMA are supportive of uptrend. RSI abv 60 is positive for uptrend. Buy above 1594 sl 1524 target 1780+
The Resistance is strongPrice has failed to break resistance and is expected to fall below 1450(T1) and may go to 1420 (T2) levels.
Titan swing longLong titan above 1570 Target 1625-1650-1675 SL 1525. Entry can be taken only after the BO of resistance level. On weekly & daily level stock at the verge of BO . RSI above 60 good sign of bullishness. As the stock is very volatile so keep the trailing SL. This is for your educational purpose only.
