TITAN--Trendline Support??I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Titanshort
Titan couldnt push higher as guessed. Expecting a pull back nowSince 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.
TITAN--Demand @2670 ??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 base.stronger than demand zone.
demand zone will take you to the resistance level only,but this will take above resistance.
Look at Consolidation + strong move.
keep track this instrument.
Use alerts @ every place, we cannot track each and every stock daily,
if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
Titan Long Term Stock setup - Festival season stockStock for festival season.
Since the time Tanishq is contributing to the major profit of Titan, the profits have started to increase drastically in between August - December.
I would buy the stock in pullbacks.
P.S. I would load up on Titan stock around 2450 levels.
TITAN - Need to break 900 levelAs we can see strong bullish candle & currently at trendline resistance.
It need to cross 900 to give good upside.
Considering 900 (round number) acts as strong resistance, incase if bounce back (BoF), can look for short opportunity.
Long trade : above 900 - > can look for targets /915/935/945/965
Short trade : below 885 -> can look for targets 880 / 870/ 865 / 860
TITAN DOUBLE TOP IN DAILY TIME FRAMETITAN DOULE TOP IN DAILY TIME FRAME..
TARGET FOR THIS MONTH IS 1162..
NECKLINE LONG TERM TARGET 997 BUT IT TAKES MORE MONTH TO ACHIEVE
MY RECOMMENDATION IS DO THIS TRADE IN OPTION..DON'T TRADE IN FUTURE DERIVATIVE DUE TO MORE RISK..
PREFER OCT 31 1200 PE
CLOSE THIS TRADE IF IT CLOSE ABOVE 1350 ONLY
THANK YOU!!!