TITAN trade ideas
Titan in Support RangeWe are seeing quite a fall in the prices of Titan Company Ltd since the first week of November 2022.
Currently, prices have entered the zone from where they bounced previously in late September 2022 and there is a probability we might see a similar price behavior.
With a small risk, it can be a rewarding swing trade.
BEARISH HARMONIC PATTERN - TITAN - GREAT ENTRY !Bearish Harmonic Pattern Established, possible targets mentioned in the chart
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur on your trades based on my published ideas.
TITANNSE:TITAN
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Titan Company Ltd - Breakout Soon + Keep an eye📊 Script: TITAN (TITAN COMPANY LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500
📊 Sector: Consumer Durables
📊 Industry: Gems Jewellery And Watches
Weekly Time-Frame
Key highlights: 💡⚡
📈 Script is trading near at its resistance level which is around 2745 in both daily as well as weekly Time frame as mention in chart.
📈 MACD and Double Moving Averages may give crossover into next trading session.
📈 RSI is around 62.
BUY ONLY ABOVE 2745
Last 5 year stock performance between Sep - Dec
💥2017: 35%
💥2018: 3.4%
💥2019: 7.6%
💥2020: 24.5%
💥2021: 26%
👉Strong fundamentals, Expensive valuation
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Titan Long Term Stock setup - Festival season stockStock for festival season.
Since the time Tanishq is contributing to the major profit of Titan, the profits have started to increase drastically in between August - December.
I would buy the stock in pullbacks.
P.S. I would load up on Titan stock around 2450 levels.