TITAN trade ideas
SPOT: TITAN CMP 916, SL 898 TGT 936,955,975SPOT: TITAN CMP 916, SL 898 TGT 935, ABOVE 935, 955,975
2-3 SESSIONS
TITAN-- your watch doesnt worki will short it and get rich again!!
i am happy to analyse charts for you free.
TITAN PARTY OVER ??????DISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
Stock: TitanStock: Titan
Staying at Keylevel...Breaking Support can give more correction
Short Below 1123
Exp.Targets: 1100-1080
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
Titan Moving Up In Channel (Range)Buy Above : 1188
TP 1 : 1195 (Hold 80%)
TP 2 : 1215 (Hold 40%)
TP 3 : 1230 (Exit All Open Trades)
Titan - May take Support at Trendline around 1160Support Levels: 1170, 1165, 1152, 1130
Resistance Levels: 1176, 1184, 1188, 1194, 1203
Trendline Support Levels: 1169 onwards, 1158 onwards
Trendline Resistance Levels: NA
