CMP: 613
TGT 710
SL close below 600 on closing basis.
It is observed that Titan has formed a Flag and pole pattern on daily TF. It has given breakout from the flag pattern. In this case the stock can see an upside equivalent to the height of pole of flag from the point of breakout. SL is the lower trendline of the flag pattern
Disclaimer: I am a novice at charting and this chart is for educational purpose purely. Views and opinions are most welcome.
TGT 710
SL close below 600 on closing basis.
It is observed that Titan has formed a Flag and pole pattern on daily TF. It has given breakout from the flag pattern. In this case the stock can see an upside equivalent to the height of pole of flag from the point of breakout. SL is the lower trendline of the flag pattern
Disclaimer: I am a novice at charting and this chart is for educational purpose purely. Views and opinions are most welcome.