TITAN trade ideas
TITAN - Bearish Bat - 1D TFBearish Bat pattern in Daily chart of Titan. SELL around 1124. One pullback was done today, in the afternoon session, from 1123 to 1116 and then back to 1124 levels around closing. Let's see if it reverts back to sub 111x levels on Thursday.
I just started learning Harmonics, so I'm not quite sure/confident about giving Target(s) and SL yet. Want to get comfortable first, in drawing patterns according to the rules and see how it works.
TITAN TRADE SETUPTitan can still test 971/982/990
before the start of any corrective move.
One can long it for above targets with stoploss at 960 or wait for breakout on lower side to short on any corrective move.
TACHARTS
Titan Bearish Divergence at ResistanceValid only if it breaches yesterday's low the very next day 28 Nov 2018
TITAN - Buying the dipExpecting 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
TITAN - Buy the DipOne month hold.
Entry : 766
Stop : 733
T1,T2 : 860, 960
RR : 2.24, 5.57 respectively
