TITAN trade ideas
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 !!
Wait & Watch: Ascending Triangle pattern on the chartAscending Triangle Confirmation:
- There are 2 swing highs touching the horizontal line
- There are 2 swing lows touching the other triangle line
- Before the triangle, the stock was trending with strong volumes
- In the triangle, the stock is getting consolidated with contracted volumes
Interpretation:
- Ascending Triangle is a continuation pattern
- Here it is getting created after an uptrend
- If it breaks out from the triangle with high volume, it can continue the uptrend with target price equal to horizontal line + the base of the triangle
- If a false breakout occurs, with low volume, it can breakdown and downside can be of similar magnitude
Conclusion:
Wait for the stock to move out of Triangle to see which breakout occurs. (positive/false)
As it is a trend continuation pattern, It should be positive breakout ideally as per the chart.
Titan Intraday Opportunity Narrow CPR - 17-Aug-2020We can trade this stock for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits
R1 - 1118
CPR- 1104
S1 - 1090
Must comment if it's work for you.
If you want youtube tutorial video on Narrow CPR , you can request in the comment box
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TITANNSE:TITAN
1050 SEEMS TO BE CRUCIAL SUPPORT, IF IT SUSTAINS THIS THEN IT CAN SEE 1072 AND 1082
IF IT FALLS AND FAILS THIS SUPPORT THEN IT LL SHOW 1030, 1010, 998 AND 985
IF PLAYING FOR AGRRESSIVE TARGETS, TRAIL YOUR STOP LOSS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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TitanHello!! Titan is really a good stock as rakesh jhunjhun vala is also buying it in very good quantity and now it just gave a breakout to my previous chart now next immediate target can be 1134 if sustains above 1116 and then 1150 will be a great hurdle ...... let's see what will happen next #my_view #learner
Titan Breakout ChartBreakout twice:
1. Channel breakout most of the times will be respected
2. triangle pattern breakout
Titan - FlagTitan flag can be clearly seen on 2 hrs chart as well as triangle breakout at daily chart and also daily trendline breakout at 1050...Retraced 38 percent and now broke daily trendline but only concern is volume which is very less. Targets on chart...
Titan ticking the upscaleWatch signifies patience and so will this stock to reap. Wait for the re-trenchment to the POC level in green channel .
TitanHello!! Titan is really a very good stock. it was in a bit of downtrend due to the lockdown but now it looks in an uptrend until it breaks the trendline. let's see what happens next after all market is supreme #learner #my_view
