Titan at Best Support Zone !! This is the 4 hour chart of Titan Company.
Titan having a good support zone near 3400-3460 level.
If this level is sustain , then we may see higher prices in Titan company.
Thank You !!
Titanlong
Titan Company Ltd. Technical AnalysisTitan has been trading within a consolidation phase recently, suggesting that buyers and sellers are in balance. Let’s look deeper at the technical levels and indicators that might guide us in the coming sessions:
1. Support and Resistance Zones:
Key Resistance Levels: The immediate resistance sits around ₹3,452.50 and further up at ₹3,557.05. These levels could act as barriers if the stock attempts a breakout from current levels.
Key Support Levels: Titan has notable support at ₹3,233.95. A drop below this could signal further downside pressure.
2. Trendline Analysis:
A descending trendline has been in place, connecting recent lower highs. If Titan breaks above this trendline with sustained volume, it could indicate a potential bullish reversal.
Meanwhile, a smaller, rising support line (forming a wedge pattern) offers a bullish signal if the price manages to hold above it in the short term.
3. MACD Indicator:
The MACD is currently in negative territory, indicating that the stock is under some bearish momentum. However, if we see a crossover above the signal line soon, it could hint at a possible bullish shift.
3. Volume Insights:
Volume has remained relatively stable, showing no major spikes that would suggest a strong trend continuation or reversal. A rise in volume, especially near support or resistance levels, may validate any potential breakout or breakdown.
Conclusion: Titan appears to be in a consolidation phase, with the possibility of a breakout in either direction. Traders might look for confirmation at key levels, such as a break above the ₹3,452.50 resistance for bullish momentum or a fall below ₹3,233.95 support for bearish sentiment. Monitoring the MACD signal line crossover and volume trends will be crucial to anticipate the next movement.
Titan Upside Breakout LevelsHi,
As per my analysis, here are NSE:TITAN upside breakout levels. Trend is still bullish.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis/research to take any trade.
Thanks
TITAN--Demand @2670 ??the stock is trending upwards.
the price is broken the previous resistance but not able to sustain above resistance, witness a strong fall observed.
we have a demand zone @2670 range, may price again move upwards from here.
one interesting fact is price after consolidation and moved strongly to above levels,
consolidation is observed at 2560 levels,which is a base.stronger than demand zone.
demand zone will take you to the resistance level only,but this will take above resistance.
Look at Consolidation + strong move.
keep track this instrument.
Use alerts @ every place, we cannot track each and every stock daily,
if you use alert system provided by trading view, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
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.
Breaking out for ATHTill the time 2750 was a strong hurdle for TITAN, Price tested multiple times and now there is a high possibility of good breakout. Keep this in radar
TITAN- underconstructionInverse head & shoulder pattern is under process in titan, as long as titan stays above right shoulder's low.
Could be bought with mentioned stoplos & target in very short term with very good risk to reward ratio.
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.
Titan Long SetupTitan Close above resistance trendline and supply zone too.
Can make move up side.
Can long above 2290, for targets of 2300, 2350, 2500, 2600 and 2700+ too.
SL 2260, CLB.
Education purpose only, not a sebi registered advisor.
-Saptarish Trading
TITAN 2600CE, 2500CE OPTION TRADINGAs of 31 January TITAN is trading at 2360. If you look at the above chart you can see TITAN is currently taking support near the TRENDLINE. At the price of 2450 there is a small RESISTANCE which it can face. There is a high probability that from here TITAN can give an upside breakout.
In this situation we can add 2lot of 2600CE which is almost 10% from the current trading price.
KEY POINT
STRIKE PRICE- 2600CE
CURRENT TRADING PRICE- 20 (As of 31 January)
NET INVESTMENT- 375*20 = 7500/lot
STOPLOSS - Look at the spot chart of TITAN if it goes below the TRENDLINE then exit the position. (RESPECT THE STOPLOSS)
Keep Titan on Radar for Breakout TradeTitan is one such stock that has been trading in a range of about 15% for the past 5 months.
The Recent rally from range support ( the move I already captured - please refer to linked post ) looks quite good and the stock currently is trading at the range upper end, any breakout might bring a fresh buying in the stock and it can move
towards 1700 and 1750 levels.
Titan - Trendline Breakout TradeTrendline trading is the easiest form of trading, all you need to do is to learn the art of drawing trendlines.
In this post, I will tell you, how I identify trendline breakout trades
The first step is to identify the structure of the stock, which is necessary for identifying the current trend in the underlying stock.
Once you have identified the trend, start drawing the trendline in the direction of the trend for ex. in a downtrend structure, draw a trendline connecting high points and in an uptrend, draw a trendline connecting low points.
For Conforming trendline validity, make sure that it has a minimum of 3 points of supports or resistance as the case may be.
Then sit tight and wait for the trendline breakout with good volume and good momentum, and voila you have identified a breakout/Breakdown trade.
One more thing I do is to keep, higher time frame trend in consideration to find high probability trades.
Now, this an example of titan, where the structure of the stock on hourly is of lower lows and lower highs, so I drew trendline connecting highs and you can see the trendline had 4 resistance points, making it valid for breakout trades, plus as I said i keep higher time frame direction in consideration, which was bullish on the daily chart, hence this breakout trade is a high probability trade because it is in the direction of the daily chart.
I could also see so many parameters that are loading in favour of the trade, but it will only add confusion if I explain it here, hence keeping it simple, for now, will discuss that in other trades examples...
TITANMonthly pattern breakout.
Retrace done.
Price should take support & move-up to the next target.
long OPPORTUNITY IN TITAN BEARS SEEMS TO BE TRAPPED
WHY NOT BENEFIT FROM THEIR STOP LOSSES GETTING LIQUIFIED?
AFTERALL TRADING IS A ZERO SUM GAME, PROFIT OF ONE = LOSS OF ANOTHER.
SOME FACTS -
*PRICE MAKING HIGHER HIGHS ON WEEKLY AS WELL AS ON DAILY TIMEFRAME.
*PRICE TAKING SUPPORT ON THE PREVIOUS RESISTANCE MULTIPLE TIMES ON DAILY CHART AFTER EVERY RECENT UPWARD BREAKOUTS.
R-0207 Cash Buy TITAN @1162.50-1167.5 SL 1142 TGT 1215 Short Term Cash Buy TITAN @1162.50-1167.5 SL 1142 TGT 1215
Ichimoku Cloud break out + MACD cross over + First resistance R1 break out 1158 and second is 1216 so we expect upside + TK cross over just now.
