On Friday Nifty 50 gave a volatile session and closed below 38 Points. As we can see Nifty breaks its long term trend line and started moving downside. But short term trend line stops nifty at 12450. Nifty 50 is consolidating between these two trend lines. So wait for the breakout either upside or downside. If you are a risk taker then you can go for short...
Titan has break its 1151-1155 resistance with good volume.
Now the previous resistance is working as a support.
So we can take a long/buy trade on it.
Entry:- 1155-1160
Target 1:- 1185
Target 2:- 1225
Target 3:- 1260
Stop loss:- 1082
For safe trading always trail your stop loss in profit.
