Weekly Bullish Englufin Daily trentlin Breakout Plan Your Trade Only For Education Purpose
Price bounce back to support Price looking good for long Price break previous day high If you buy then today day low S.L Disclaimer this is my personal view for education purpose only.
NSE:TITAN is in an Up-Trend making continuous Higher Highs and Higher Lows in the chart. Recently price has retraced back to a Trendline in a Corrective move, this should ideally take the price up from the Trap Zone and make another Higher High. Expecting a 5:1 Reward to Risk Long trade with a Return on Investment of approx. 9.58%
Titan daily chart was in a trend line, now it has given breakdown and retest. Note: This is all just practice analysis, not real.
Titan on monthly chart forms bearish candle exactly on trendline resistance
We are close to all time high for titan share and a big resistance is out there. I would book profit here and wait for the trend confirmation. Two big probabilities: 1. Open and close above resistance means long. 2. Open and close below resistance is good chance to short.
Since the titan couldnt go pass resistance this is my game plan. Pull back to 2500 ish and then long till 3100 ish. Come on bears short this to 2500. This is cancelled if there is a weekly close above the resistance as shown in the plan.
Technical Analysis: The price of Titan (TITAN) is currently showing signs of weakness, suggesting a potential test of the support level in the near future. Traders should closely monitor the price action as it approaches this crucial level if titan will test the support level again, then we will have oppourtinioty to go long again.
titan 1d buy cmp target 2990,3050,3115 sl 2782 sl 2.55
Ascending triangle pattern is seen in Titan company and this chart pattern has given breakout above. Titan is currently running at 52 week high.
Titan Chart Analysis........16/06/23 Titan XABCD harmonic Target hit..... Titan trade in Harmonic PRZ Area Titan Short (Option Seller - 2950ce) Sl - 2950 Closing basis, Target - 2860 / 2835 / 2800 Enjoy !
As disclosed, in the chart drawing, this script has approximately approached the retest support zone. So, reaction from this area will be interesting to observe.
It seems current swing high has been touched and profit booking may start in Titan anytime now.
Stock is cleanly broken last resistance level and going up
Titan has again given a all time high breakout. Chart is looking extremely positive and strong. This company is fundamentally very strong and technically chart is suggesting a very good upside. CMP - 2861 (2/6/23) T - 3200, 4100 W Sl - 2650 W
the stock is trending upwards. the price is broken the previous resistance but not able to sustain above resistance, witness a strong fall observed. we have a demand zone @2670 range, may price again move upwards from here. one interesting fact is price after consolidation and moved strongly to above levels, consolidation is observed at 2560 levels,which is a...
Titan weekly chart making ascending triangle chart pattern. Closely observe for the buying opportunity
In the Weekly Chart of TITAN , we can see that, it is at decision making. it can make or break.