Titan

Titan may be making a Bearish Head and shoulder pattern on yearly charts.
940 being the shoulders and 990 levels is the Head.
We should wait for confirmation which a closing below 800 levels for 2 consecutive days. After confirmation targets mat be 760 740 levels and may be more.

Handel aktiv:

Titan didn't participate in this 200 point Nifty rally and it closed below its 200 50 DMA for 3 consecutive days.
This is a strong sell and 200 50 DMA crossover may be coming in next few days which is an even more bearish sign.

Handel aktiv:

Modify stoploss to 840 and wait for 810 levels.

Trade stängt: målet nått:

Target of 810 reached.

Trade stängt: målet nått:

740 reached