Titan, 200 DMAOn 2.2.17 price moved above 200 DMA and made steady rise. Today price has come down to 200 DMA. This is decisive level. It will decide the long term trend of the stock.
TITAN trade ideas
Titan, 100 DMAPrice corrected till 100 DMA 4 times earlier. Now once more price is at 100 DMA. SL is made small.
Titan, 100 DMAThe stock is in a strong bullish trend. Price took support several times at 100 DMA and moved up. Price is once more close to 100 DMA. 897 is crucial support holding of which medium term target may be 1000+ in medium term. It can be a nice investment bet.
TITAN Positional View - Short Trade FNOPurely SD based setup. FOR EDUCATIONAL PURPOSES ONLY.
Looking for a retracement above to short.
Titan Company, Double Top PatternTitan: Has formed a Double Top Pattern after holding the price above 100 DMA for several days. There may be a mild correction and that will be lapped up by the smart bulls.
TITAN - LONG swing trade1. CIP
2. GMMA
3. Candlestick
4. Low volume on retracement
entry on CTL break and retest on 15min
Titan - Potential Short SetupTitan is potentially giving a shorting opportunity at current levels for a C wave correction. If the count were to be correct then small stoploss at around 640 should work out with targets of 550 / 540.
Happy Trading!
Siraj
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Titan Breaks Out from Descending Triangle The price action broke out from triangle and followed up with big green candlesticks indicated strong buying pressure. At current prices, the price action may move down to 406 levels again as profit booking can be seen and from 406 levels new buying pressure will be asserted in price action to move upto 430 levels or to previous resistance.
Target: 432
Stoploss: 390
TITAN (NSE India) shorting opportunityHi All,
I follow Elliott Wave Principle for trading, I am a novice trader (trading since DEC-2015 using the Wave Principle). This is my first post/idea in the forum, so pls forgive any mistakes.
Below is an interesting chart. Request veteran traders to pls review and comment.
On weekly, TITAN has completed its X wave at 379. This X is continuation of correction started from 448 in feb-2015.
X is a complex zigzag in this case; both a of X and c of X are double zigzags.
Weekly chart:
Hourly chart shows completion of c of X.
Hourly chart:
So, shorting at 379 with stop at 382 target below 301.70 (i.e. below beginning of the X wave on weekly) seems a good trade.
Regards,
PT
