Titan: Has formed a Double Top Pattern after holding the price above 100 DMA for several days. There may be a mild correction and that will be lapped up by the smart bulls.
Hourly chart with Fib retracement and with latest swing highs and swing lows.
BUY TITAN ABOVE 873 FOR SHORT TERM TARGET 920
BUY TITAN 820-822 SL BELOW 814 FOR INTRADAY TARGET 830 AND 834
TITAN will benefit from PNB fiasco but first 666..
1. CIP 2. GMMA 3. Candlestick 4. Low volume on retracement entry on CTL break and retest on 15min
Titan is potentially giving a shorting opportunity at current levels for a C wave correction. If the count were to be correct then small stoploss at around 640 should work out with targets of 550 / 540. Happy Trading! Siraj PS: Don’t Forget To Register for FREE 14 Days FULL Website Access Worth Rs. 7500/- at following link: www.prowaveanalysis.com
TITAN SELL SETUP Channel Brealout
TITAN SELL SETUP WAITING TO HIT RESISTANCE LEVEL
The price action broke out from triangle and followed up with big green candlesticks indicated strong buying pressure. At current prices, the price action may move down to 406 levels again as profit booking can be seen and from 406 levels new buying pressure will be asserted in price action to move upto 430 levels or to previous resistance. Target: 432 Stoploss: 390
titan sell below 362 stop loss 364 target 360 358 356 13/6/2016
Hi All, I follow Elliott Wave Principle for trading, I am a novice trader (trading since DEC-2015 using the Wave Principle). This is my first post/idea in the forum, so pls forgive any mistakes. Below is an interesting chart. Request veteran traders to pls review and comment. On weekly, TITAN has completed its X wave at 379. This X is continuation of...