This trade is for aggressive trade not for conservative trader.
Risk involvement is high but with proper entry with money management will reward in great way too.
enter 50% qty on level and rest on confirmation.
Idea here is finding reversal setup.
stock is currently trading at weekly and monthly support level.
momentum on downside is also fading.
which gives clues that it may reverse.
entering on confirmation will give late entry so split entry into 50% qty will give good avg.
will enter rest qty on bullish confirmation till then wait and watch.
volatility is the key to analyze stock trend.
Titan just went into high volatility from non-volatile trend. it is sign of weakness in bullishness or just pause... market will tell..
most of tops and bottoms ends in volatile movements..so is it sign of end of bull trend for long term( going into sideways for long term or may enter into bear trend ).