TITAN trade ideas
TITAN AT CRUCIAL LEVELAs per previous learnings, we can see in the chart that price made fake H&S Pattern and after some consolidation made higher low and now again reached at a crucial level.
So as per basic price action if it breaks the basic level of 1395 with high selling volume then after some retesting it can go down to 1300 followed by 1260.
IF It does not succeed to break the level of 1395 with high selling volume and come back to its previous levels then it can make another higher low and after that, it can give a breakdown to the above levels.
Happy Trading. :-)
Note - This idea is only for educational purposes and the application of the idea provided here in your own trading is dependent on you and any loss caused by that is totally your responsibility. The author is not liable for any loss/damages that happened to any party.
Titan given breakout of Double Top formation on daily time frameTitan given breakout of Double Top formation on daily time frame. volumes are not much attractive but overall trend is negative.
[Positional] Titan Swing BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Titan - Rally over ??Today stock bounced from support zone in last hour or so.. Safe for level of 1545 if sustains above 1440-1445. However breaking of support zone (safe below 1410) can bring the stock quickly to long time TL support - 1380 levels
TITAN | Good risk reward near Channel and Trendline support -12%TITAN | Good risk reward near Channel and Trendline support - Good looking hammer candle stick
CMP : 1425
SL : 1375
Target : 1585
Almost 1:3+ risk reward setup
Double top formation in TitanInvestors should be cautious around the 1415 level as stock formed a double top formation. If the support level breach we may see 1250 level in upcoming days on titan, otherwise stock may move towards forming a triple top.
Titan - buy but at cmp 1443 upto 1434
daily clbs sl below 1434
easy target 1463
t2 - 1488
Disclaimer : This is my personal analysis for study purpose not intended for trading
TITAN is available at their all time support zone || BUY TIMEPlease see the levels marked in the chart as it is there for a swing trade or long term positional trade. Please take an entry only after the channel pattern is broken + retested on nearest resistance zone.
Thanks, feel free to comment on any doubts if you have.
Titan Buy/Sell - intradayTitan levels go for buy if price reaches the lower level 1 of buy or sell once the price reaches the upper level of 1target and stop loss plotted in chart
