TITAN trade ideas
Titan can break new high . Exciting Investment Opportunity: Titan Share 📈
Hello fellow investors and traders,
I hope this message finds you well in your pursuit of financial success. Today, I'd like to share an intriguing investment idea that has caught the attention of many due to its promising potential – Titan Share.
Technical Analysis Overview:
Based on thorough technical analysis, Titan Share seems to be in a prime position for a significant upward move. The stock's current price of 3058 presents an exciting entry point, especially when considering the potential for it to break its all-time high of 3210. This suggests a strong bullish sentiment and could mark the beginning of an impressive upward trend.
Why Consider Titan Share?
Historical Performance: Titan Share has demonstrated the ability to achieve and surpass previous record highs. This indicates a history of resilience and the potential for a sustained upward trajectory.
Market Sentiment: Positive market sentiment is a crucial driving force for stock price movement. Titan Share's recent performance and current technical indicators suggest a growing interest among investors, potentially leading to a substantial price increase.
Strategic Stop Loss: Protecting your investments is paramount. With a strategic stop loss set at 2882, you're ensuring a safety net in case the market takes an unexpected turn. This allows you to confidently ride the bullish wave while managing risk effectively.
Titan Simple Analysis BullishNSE:TITAN is in an Up-Trend making continuous Higher Highs and Higher Lows in the chart.
Recently price has retraced back to a Trendline in a Corrective move, this should ideally take the price up from the Trap Zone and make another Higher High.
Expecting a 5:1 Reward to Risk Long trade with a Return on Investment of approx. 9.58%
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--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: 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.