Titan forming bullish structure
Updated
Hello guys the last stock adanient nearly hit our intraday targets but we books profit in derivatives instead of cash segment and TCS also made a high of 3705 which is 1.6% above our buying levels in a day and the latest abbotindia is still above our buying price buy not as much profits yet.
The next stock that I am bullish on is Titan and it's forming a bullish flag and pole kind of pattern + a bullish pennant too. We can only buy it when it gives a breakout.
I can also spot a RSI divergence highlighted by a re line on both the chart and RSI indicator.
The runaway gap is also acting as a support and has also been filled so we need not worry about it.
MACD is about to come above the signal line.
RSI is 47 which I consider as bullish.
Buy above - 2360
Targets mentioned in the chart above
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
The next stock that I am bullish on is Titan and it's forming a bullish flag and pole kind of pattern + a bullish pennant too. We can only buy it when it gives a breakout.
I can also spot a RSI divergence highlighted by a re line on both the chart and RSI indicator.
The runaway gap is also acting as a support and has also been filled so we need not worry about it.
MACD is about to come above the signal line.
RSI is 47 which I consider as bullish.
Buy above - 2360
Targets mentioned in the chart above
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached
Target 1 hit, still looks bullish trail for tgt 2Trade closed: target reached
Target 2 hit, told to trail on 2nd jan
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