TITAN COMPANY LTD

Updated

TITAN - Buying the dip

Expecting double digit positive earnings.

Premise:
1. Wait for the 15/30min beardiv to play out, then buy
2. OTE at 845-849
3. Long term retrace seems unlikely given overall market sentiment

Execution:
1. Undecided, draft only. Waiting for retrace.

Result:
1. Wait for retrace

Trade active

Last entry pending - orders filled at 849, 847

Note

Last entry hit at 845. Now we wait

Note

Earnings double digits in the positive as predicted.

Link to earnings report : moneycontrol.com/stocks/reports/titan-company-unaudited-financial-results-standaloneconsolidated-forquarterhalf-year-ended-30th-september-2018-13208821.html

Note

Good 3% bounce. Stop at entry.

Note

Took half profit @ 880

Note

Moving stop to 855 and riding it out.

Note

Closed full at 910. Thought it'd need a week - it didn't.

Trade closed: target reached

Note

900*

hiteshbhatia3559

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

hiteshbhatia3559

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.