Created Custom index of Jewellery companies comprising by top 10 market cap. Sector looking in strength.
TITAN CMP 1714 SHORT @1730-1750 FOR TARGET1690-1660-1620+ SL ABOVE 1760 TITAN 1700 PE CAN BE BOUGHT @ 32-30 TARGET - 43- 52- 62-70 - 80-90-100+ SL SAME 1760 ABOVE CLOSING BASIS
Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint-venture between TATA Group and Tamilnadu Industrial Development Corporation
STOCK IS FOLLOWING A VERY GOOD TREND LINE AND CURRENTLY ON TREND LINE SUPPORT, BUT ALSO IT HAVE NOT GIVEN CLOSING BELOW 200EMA ON 15 MIN TF, BOTH SHORT AND LONG TARGETS ARE MENTIONED ON THE GRAPH. REASONS FOR STOCK SELECTION:- 1. RISING ADX, 2.TREND LINE SUPPORT, 3. EMA SUPPORT, 4. GOOD RRR ON BOTH SIDES.
buy from cmp to 1686 easy target - 1738 Disclaimer : This is my personal analysis for study purpose not intended for trading
Buy when Price touches the EMA near the CIP zone. Short term swing trade (~ 6 months)
Rounding Top is a bearish pattern. But in this case it has failed and stock once again looking in positive bias. Looking good at CMP for target 1780+ with SL below 1660.
NSE:TITAN is showing signs of reversal. And seems it's taking support on the trend line.
risk: Reward is 1:2 Rest as per charts
SELL TITAN 1983-1988 TARGET 1628 STOPLOSS 1723 EDUCATIONAL PURPOSE ONLY
titan chart analysis for intraday and swing trading
parallel channel with impulsive looking fall. One should sell the stock on current levels & add on rise . The target should be 1710/1690/1675
Titan taking support near 200 Ema At important Fib retracement level Also trading near crucial support level Long position can be made for swing