About meWECLAN® ACADEMY It is an independent entity. What started as a hobby has turned out to be a professional career choice. I, Vishal Raj – Sole Proprietor of WA. WA is a dual-accredited provider of financial trading education.
TITAN COMPANY LTD Technically BULLISH since MAy 19 2020.
Technically view: And it's rejected 3 times to breaks 1588 level on 6th JAN, 10th FEB, 1st Apr 2021. if breaks then 1621 is another RESISTANCE 2 it must be sustained above 1621 level to continue BULLISH trend or else go for SHORT 1621 will become our STOP LOSS.
Fundamentally it's also Expensive...
FUNDAMENTALLY it's a good stock to hold for the long term, But it's not the right time to BUY because based on P/E 61.81 (Below 24 is safe) it's highly expensive.
Technically it's BULLISH since it SUPPORT from 563 LEVEL.
30th March 2020 This UPTREND is continued.
on 12th FEB 2021 Rejected from 654 LEVEL become RESISTANCE LEVEL.
654 RESISTANCE STOP LOSS for...
FUNDAMENTALLY it's a good stock to hold for the long term, But this it's not the right time to BUY because based on P/E 79 (Below 24 is safe) it's highly expensive.
Technically also BEARISH since it's rejected from 18816 RESISTANCE LEVEL.
8th FEB 2018 This UPTREND is continued.
on DEC 23rd/24th/28th Rejected from 18816 LEVEL become RESISTANCE LEVEL.
3228 RESISTANCE LEVEL.
2735 STOP LOSS based on SUPPORT LINE.
2800 STOP LOSS based on 200EMA LINE.
TECHNICALLY its BULLISH view because of trading above 200EMS on 4Hrs timeframe. Since 19th OCT 2020.
FUNDAMENTALLY not recommended for Long term holding because now P/E ratio is 193.30 below (24 P/E) safe. So it's a highly expensive stock for long-term investors.
ULTRATECH CEMENT is trading at an all-time high and failure to break 6973 Strong RESISTANCE level 3 times and is an indication of the strong BEARISH trend in upcoming days.
Fundamentally strong stock to hold for the long term, but as per the P/E ratio it's a bit expensive (below 24) is a discount price.
SO TECHNICALLY AND FUNDAMENTALLY STRONG BEARISH TREND,...