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Titan

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NSE:TITAN   TITAN COMPANY LTD
Titan on weekly timeframe has made a double top and has also given a rising channel breakdown on weekly time frame, expecting some pullback and a retest of the channel around fibo levels from where we can expect another round of sell off to achieve downside targets of 2400 or below.

Daily chart analysis for same is attached below

On 2 hourly time frame, we can see a good short can be initiated around the support channel breakdown, so if any retest happens around this area and we see any reversal structure being formed - it may give some good R:R trade there.


Dagangan ditutup: sasaran tercapai:
Target done ...worked exactly how it was predicted
Dagangan ditutup: sasaran tercapai:
Titan short targets done and dusted exactly as predicted on the chart....

Penafian

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