TITAN trade ideas
Time to be cautious on Titan (neutral)We are close to all time high for titan share and a big resistance is out there. I would book profit here and wait for the trend confirmation.
Two big probabilities:
1. Open and close above resistance means long.
2. Open and close below resistance is good chance to short.
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.
tital price is likely to stest support level again. Technical Analysis:
The price of Titan (TITAN) is currently showing signs of weakness, suggesting a potential test of the support level in the near future. Traders should closely monitor the price action as it approaches this crucial level
if titan will test the support level again, then we will have oppourtinioty to go long again.
TITAN COMPANUYAscending triangle pattern is seen in Titan company and this chart pattern has given breakout above. Titan is currently running at 52 week high.
TitanTitan Chart Analysis........16/06/23
Titan XABCD harmonic Target hit.....
Titan trade in Harmonic PRZ Area
Titan Short (Option Seller - 2950ce)
Sl - 2950 Closing basis,
Target - 2860 / 2835 / 2800
Enjoy !
Titan ViewsAs disclosed, in the chart drawing, this script has approximately approached the retest support zone. So, reaction from this area will be interesting to observe.
Should book profit in Titan
It seems current swing high has been touched and profit booking may start in Titan anytime now.
Techno-Funda pick of the week!Titan has again given a all time high breakout. Chart is looking extremely positive and strong. This company is fundamentally very strong and technically chart is suggesting a very good upside.
CMP - 2861 (2/6/23)
T - 3200, 4100 W
Sl - 2650 W
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 Ascending triangle on weekly chartTitan weekly chart making ascending triangle chart pattern.
Closely observe for the buying opportunity
TITAN - Weekly AnalysisIn the Weekly Chart of TITAN ,
we can see that, it is at decision making.
it can make or break.
#TITAN: Watch Out for Breakout at Critical Resistance Zone"#TITAN is currently trading near a strong and important resistance area of 2740-2800. We can see from the chart that the price has dropped more than twice from this resistance area in the past, making it a crucial level to watch.
If the price manages to break above this resistance area and closes on the weekly and daily charts above the breakout and resistance area, we could witness an awesome move in the price in the coming days. This breakout could potentially trigger a strong bullish trend, and traders who catch the move early could see significant gains.
However, if the price fails to break above this resistance area and drops again, we could see a downtrend in the price. In this scenario, traders should be cautious and look for shorting opportunities.
It's worth noting that there is an important support zone at 2540-2588 for the price. If the price manages to hold above this support zone, it could act as a strong base for a potential bullish move.
Looking at possible positional targets, we can see that if the price manages to break above the resistance area, the sky could be the limit. Potential targets could include 3100, 3300, or even 3500+. However, it's important to keep an eye on the price action and take profits along the way.
In summary, #TITAN is currently trading near a critical resistance area, and traders should be on the lookout for a potential breakout or a reversal. The support zone and potential targets provide additional context for traders to make informed trading decisions.
TITAN 1D (10/05/2023)NSE:TITAN
TITAN IS SHOWING SUPER BULLISHNESS IN THE MARKET.once it crossed 2800 then next target
will be 3104 in the coming days.
it will be bearish below 2543 level.
Ascending Triangle Formation in TITANTitan Showing Ascending Triangle Formation with Buyers shifting up with each swing while bears continue their hold at 2780.Intersting to see if stock gives breakout from here
Titan Company LTD NSE:TITAN
Even though TITAN is hyped on daily timeframe, since it has declared rise in it's consolidated profits by 49% over the previous year, a rally can be expected. But to be on safe side, 3% with 20-25 days isn't bad. If it breaks out the previous top, hold for 10% gains minimum. But not without the support retest i.e. the previous top.
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
TITANConfluence:
=Range bound market, High and Low tested multiple times
=About to break market structure
= Can test previous breakout and may reverse from ORDER BLOCK
Short @ 2561.10
Stop loss @ 0.50%
Target @ 1%
Disclaimer
ONLY FOR EDUCATIONAL PURPOSE.
Titan sell side opportunities Titan shows resistance at this level, sell opportunities below 2560 and its target upto nearest support level 2500.
TitanI'm in this trade
I think this is retest
sl and target 🚫🚫
Please provide your view on comments do comments
Sell signal in Titan
Titan , profit can be booked as it is almost at the level of outer channel. Hopefully it will start downward move from here
TITAN ShortTitan is entering a period of under-performance w.r.t. Nifty.
How to read Relative Momentum Chart?
🔹Lower Momentum peaks at every Price peak
🔹Previous peak barely above zero level
Not a Shorting recommendation as Titan will rally if Nifty rallies, but the rally might be much lesser.
Interesting case study. Will re-visit after a few weeks. Not a Reco!
