TITAGARH-- Confirmation of reversal , DONE
Updated
TITAGARH is now trading above the 20 EMA High, with RSI also breaking past resistance and trade above 60, indicating a bullish range.
However, keep in mind that market is still volatile and it could impact the stock’s performance, so a well-defined Risk-Reward (RR) and Stop Loss (SL) is essential.
Suggested Stop Loss:
You may choose between the 20 EMA Low or the previous swing low at 1050, based on individual risk tolerance.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading involves significant risk, and it’s essential to perform your own research or consult a financial advisor before making any investment decisions.
However, keep in mind that market is still volatile and it could impact the stock’s performance, so a well-defined Risk-Reward (RR) and Stop Loss (SL) is essential.
Suggested Stop Loss:
You may choose between the 20 EMA Low or the previous swing low at 1050, based on individual risk tolerance.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading involves significant risk, and it’s essential to perform your own research or consult a financial advisor before making any investment decisions.
Trade active
Still in positive trend, hence holding further.
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