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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.