reasons to short:- 1) head and shoulder retest. 2) down trend line resistance 3) strong uptrend break and retest .
All levels are mentioned on the chart.!
Monthly pattern breakout. Retrace done. Price should take support & move-up to the next target.
PATTERN SUPPORT IN DAY. TRENDLINE BREAKOUT IN HOUR. TARGET, PATTERN TOP.
Titan CMP 1559. It has finished its latest ABC correction and now started fresh motive wave 1 on daily chart. Looking at price action, 1940 is the first target at the end of current wave cycle. SL 1408 DCB.
Titan formed head and shoulder pattern and now it's closed below neckline... Below neckline targets are mentioned in chart. Chart is for education purpose only. Take advise from your financial advisor before taking any position.. keep learning keep earning..
This analysis is purely based on price action and Chart Patterns. The analysis is on 30min TF hence target can be achieved in intraday trade or in couple of days. Trade logic with SL and Target is explained in image itself. Don't chase the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. This analysis...
Buy some quantity at 1515 and some at 1510.6 if it takes support target 1 is 1528 and trail rest till 1550. This is positional trade may not hit in intraday.
BEARS SEEMS TO BE TRAPPED WHY NOT BENEFIT FROM THEIR STOP LOSSES GETTING LIQUIFIED? AFTERALL TRADING IS A ZERO SUM GAME, PROFIT OF ONE = LOSS OF ANOTHER. SOME FACTS - *PRICE MAKING HIGHER HIGHS ON WEEKLY AS WELL AS ON DAILY TIMEFRAME. *PRICE TAKING SUPPORT ON THE PREVIOUS RESISTANCE MULTIPLE TIMES ON DAILY CHART AFTER EVERY RECENT UPWARD BREAKOUTS.
Great up move was witnessed from 1260-70 zone and reached the upper trend line 1370-80area, soon we can see profit booking and am expecting price to fall. Target 1300 TP1 Target 1240 TP2 Remember it can still jump from 1300 so try booking partial profit and wait for TP2 with tight stop loss. For upper side if price hold near 1300 we can soon see 1400 and...
Falling wedge created on TItan it may give breakout tomorrow
My target for this beautiful and undervalued stock Rs. 300++ in next few months. Once Nifty corrects, this is the stock (monthly chart is good). And strength vs Nifty 50 is good too. If this sustains we can easily see the Elliott wave 3 ending at about Rs. 322. What are we talking about? Target Rs. 300++ That is 140% profit - are you with me? Elliott...
TITAN UPSIDE TARGET - 1300-1600++
The analysis is purely based on price action. Trade as per your own risk and money management. Feel Free to comment for any query or suggestion.