Hello Readers and Fellow traders,
If you are stuck in any stock listed anywhere in the world exchanges, you may send me your query. I will analyse the same with my inputs on the levels.
Best
Manish J
Titan a common favourite stock is making a comeback to make yet new highs.
The stock has been underperforming the market and has been in a 3 month consolidation and now forming a cup and handle pattern inside a bullish flag pattern.
The accumulation volume looks good and is providing support to the stock at the lower levels and the stock if supported by overall...
- All time high was tested 3 times
- Recent rejection from All time high
- Finally the price broke ATH, with a good momentum candle.
- PE looks good.
Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment...
Based on my analysis, it appears that Titan is likely forming either an ABC pattern or a 5-wave structure. Presently, it seems to be in the process of developing the C or 3rd wave. In light of this analysis, I recommend considering a short position in Titan. The initial target for this short trade would be set at 3440.
Titan Company Limited is an Indian company that mainly manufactures luxury fashion accessories such as jewellery, watches and eyewear.
The setup is derived from one of my technical screens, one which anticipates re-emerging momentum.
Buy Titan above 3605.30
Target of 3629-3653-3677-3749
SL 3562
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling...
FWB:NSE : TITAN Formed Inside Candle Pattern
Inside Candle Formed on Weekly Chart ..
Either Side Breakdown or Breakout is Possible
the Range is So Important
if Breaks Upside Then Possible Targets Are Marked
if Breaks Downside Then Possible Targets Are Marked
lock in Range upper level 3310
Lower level 3230
RSI cross 60 in daily pattern and range break
can long with lower level stop loss
Weekly & Monthly RSI above 60
Gaps
Weekly gaps near life time high
Weekly gaps are extremely imp gaps – If forms near life time high – You can see stocks moving in linear line. Some examples to see.
Key thing to watch is gap has to break out resistance
if resistance is a long term tested zone - result is going to be extraordinary.
there are times when gap will fail, in those cases u...
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
Titan long setup 3400 Target
Titan Bullish view
Educational purpose only do your own research
Titan Company shares are trading higher, extending gains after analysts at Macquarie raised their target price to ₹3300-3400
Titan is making an inverted head and shoulder pattern at 15 min timeframe which is at 1 hour support level, it is looking good for a very short term trade
TITAN looks to be Bull Flagging on the Daily time frame.
Possible we see targets
T1 - 3300
T2 - 3350
T3 - 3400
ER Today so if playing options, be cautious.
