TITAN COMPANY LTDShort
Intraday Sell Opportunity: TITAN Sure Shot!
📉 TITAN Alert: Bearish Momentum Building! 🚨
The daily chart of TITAN indicates a potential downward move, supported by candlestick psychology and key technical levels.
🔻 Key Observations:
Bearish Candlestick Pattern:
Recent candles suggest selling pressure, pointing toward a likely price drop.
Resistance Level at ₹3,456.80:
The price failed to break above this critical level, triggering a bearish reaction.
Support Zone at ₹3,346.35:
The stock appears to be heading toward this level, a major support area to watch.
50-Day Moving Average:
The stock is trading below this line, adding to the bearish sentiment.
💡 What to Expect:
Short-Term Target: ₹3,360.00 - ₹3,346.35
Bearish Confirmation: Sustained movement below ₹3,440 strengthens the downside case.
⚠️ Risk Management:
Tight stop-loss above ₹3,460 ensures controlled exposure.
📊 Trade Insight:
TITAN is showing signs of weakness—keep an eye on the support levels for potential opportunities to capitalize on the bearish momentum!
The daily chart of TITAN indicates a potential downward move, supported by candlestick psychology and key technical levels.
🔻 Key Observations:
Bearish Candlestick Pattern:
Recent candles suggest selling pressure, pointing toward a likely price drop.
Resistance Level at ₹3,456.80:
The price failed to break above this critical level, triggering a bearish reaction.
Support Zone at ₹3,346.35:
The stock appears to be heading toward this level, a major support area to watch.
50-Day Moving Average:
The stock is trading below this line, adding to the bearish sentiment.
💡 What to Expect:
Short-Term Target: ₹3,360.00 - ₹3,346.35
Bearish Confirmation: Sustained movement below ₹3,440 strengthens the downside case.
⚠️ Risk Management:
Tight stop-loss above ₹3,460 ensures controlled exposure.
📊 Trade Insight:
TITAN is showing signs of weakness—keep an eye on the support levels for potential opportunities to capitalize on the bearish momentum!
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.
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.