Titan
TITAN and its Big Bullish BreakOutTitan is having good breakout and sustained above 2500.
Volume Profile of the range for Titan indicates Accumulation.
Titan is forming outperformance also in Panic situation of Globally now a times.
Target : 2700, 3000+++
SL: 2325 (1 day close base)
Risk is yours and Reward is too yours totally
TITAN 2600CE, 2500CE OPTION TRADINGAs of 31 January TITAN is trading at 2360. If you look at the above chart you can see TITAN is currently taking support near the TRENDLINE. At the price of 2450 there is a small RESISTANCE which it can face. There is a high probability that from here TITAN can give an upside breakout.
In this situation we can add 2lot of 2600CE which is almost 10% from the current trading price.
KEY POINT
STRIKE PRICE- 2600CE
CURRENT TRADING PRICE- 20 (As of 31 January)
NET INVESTMENT- 375*20 = 7500/lot
STOPLOSS - Look at the spot chart of TITAN if it goes below the TRENDLINE then exit the position. (RESPECT THE STOPLOSS)
Titan going nowhere but down. TTNPNot a titan in the pharmaceutical world by any measure, and just broke the floor. This is almost certain now that this one will go even lower. And why not? All it seems this one has been doing is dropping and dropping and dropping.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Stopping Volume or Exit/ Short Sell Signal on #TITAN#TITAN has been rising in uptrend for some time and Today it opened with a GAP and closed at high with very large volume. This GAP and heavy volume can be a Stopping Volume for this stock. We may see some profit booking in this stock and it may come down to touch its support levels at 2000-50 and 1900-50.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
TITAN break resistance trendline ?!TITAN has broken the trendline resistance, now testing the new support, if it manages to bounce from the new support it will probably go to $7.9
stay safe trader .....
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