TITAN sell for intraday tradingTITAN sell for intraday trading if stock break the uptrendline then we will short the trade....
TITAN trade ideas
Titan Ltd.*Titan Ltd.*
Pole & Flag Formation: Weekly Basis
Price BreakOut: Additionally On Rectangular Consolidation Basis
Strong Volume Consolidation. Good to Go!!!
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
Watch maker, Jewellery being the leading vertical (82% of revenues)
Distribution network comprises 1900+ stores spread across 2.5 Mn sq.ft
Continues to grow faster than the industry and has been gaining market share from unorganised players.
Ramp up in new stores openings and technical advancement would
support future volumes for the firm.
Improving Sales / Profitability on Qtrly / Yearly Basis.
Low Leverage / +ve & Improving Opt. Cash Flows / WC Cycle.
Substantial RoA/RoE/ROCE since many years.
FII Stake fluctuating. DII Stake increasing since Jun'21.
Dividend Paying Co.
*Concern:*
Regulatory changes or supply related issues (Import Duty on Gold)
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
TITANNSE:TITAN
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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)
TITAN BUY @ 2635 & TARGET @ 2645Dear Traders,
TITAN BUY @ 2635 & TARGET @ 2645
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Looks Super BullishIf you look closely, A flag pole pattern can be seen pretty evidently.
Three white crows marching forward waiting for a breakout. 2425 is a crucial level.
A 50% Fibo support level from a recent low gives it another bullish push
recent news about Titan expanding its footprints in UAE is positive.
All in all a good bullish outlook for the near term. Provided it breaks 2425 strongly.
Disclaimer: For information purposes only. trade at your own risk.
