TITAN trade ideas
Titan on Watch - Weekly 100DMA resistance, daily is breakoutTitan has given breakout on daily charts. On weekly charts Titan is just nearing 100SMA which is very imp levels. Any close above 1080 will brigger major Bo and stock will head towards 200DMA levels. Kindly note this is resistance point. So volume and breakout conformation is needed! Keep on track
Titan upward rising channel -Hedge IdeaTitan looks to be in the trending upward channel with near a resistance and can go down to 1096 and then bounce back.
A safe strategy to look for here in September series
Buy 1140 CE 1 lot
Sell 1200 CE 3 lot
Buy 1220 CE 1 lot
MTM SL here will be 1240 close on stock price !!