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TITAN trade ideas

NSE:TITAN On Weekly Chart Will Show 1455++NSE:TITAN Titan Weekly Trend 25/12/2019 Well, TITAN on weekly chart after making a high of 1389.95 retrace back to 1123.20 and close right above the Golden Fib Retracement Level of 0.786. Now stock is making upside moves from 1123.20 and as per Fib Extension and Elliot Wave theory I am expecting stock will show 1450 plus in upcoming weeks or months. But there are two things to consider before stock makes any new lifetime high. The first thing which comes in my mind is Volume in current uptrend there is no solid volume which we can consider for clear uptrend move. The second thing which comes in my mind is there is big Supply Zone of 1320-1390 which need to be break out befor making any new lifetime high which does not seems to be easy task until and unless we see strong buyers who are not visible right now. If we go with Fib Extention and Elliot Wave Theory we can see 1455++ in coming weeks
NSE:TITANLong
by PriceVolumeRider
Already wave 5) ended or one more push high is ahead?Market Commentary: If the trend is upside or in downside i will inform in the chart and there will be a PB can occur and some correction may start so MIND that DONT TRADE THE CORRECTION and what i am expecting the CORRECTION....Wait for the PB ends...and give entry in the trend side...If u r doing the PB and correction u will took loss ....trade only in trend side.... READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS YOU CAN COMMENT ONLY FOR DOUBTS IN LEARNING EW AND NOT FOR ENTER OR EXIT IN THE TRADE OR ASKING ME OR SUGGESTING ON WHAT U TAKEN, ACCORDING TO YOUR ANALYSIS. All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count changed or updated. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers. This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once again.
NSE:TITAN
by nmkvijay
1