TITAN // Levels // 4 hour

14 сент.

Here are the current support and resistance levels for Titan Company (TITAN) on a 4-hour timeframe:

**Support Levels**

1. **Previous Low**: 1,335.00
2. **Fibonacci 38.2% Retracement**: 1,343.00
3. **200 SMA (Simple Moving Average)**: 1,353.00
4. **Fibonacci 23.6% Retracement**: 1,364.00
5. **Short-term Support**: 1,373.00

**Resistance Levels**

1. **Fibonacci 61.8% Retracement**: 1,394.00
2. **Previous High**: 1,408.00
3. **Fibonacci 78.6% Retracement**: 1,423.00
4. **Medium-term Resistance**: 1,438.00
5. **Long-term Resistance**: 1,454.00

**Notes**

* These levels are subject to change as market conditions evolve.
* These levels are based on historical data and may not be a guarantee of future price action.
* These levels are not the only levels that can be used; traders can use other indicators, such as moving averages or trend lines, to identify potential support and resistance levels.

**Current Market Conditions**

* Titan Company is currently trading in a bullish trend, with a series of higher highs and higher lows.
* The stock is approaching the short-term resistance level of 1,373.00.
* If the stock breaks above this level, it could potentially move towards the medium-term resistance level of 1,438.00.

**Trading Strategies**

* Buy at support: If the stock breaks below the short-term support level of 1,373.00, it could be a good opportunity to buy.
* Sell at resistance: If the stock breaks above the short-term resistance level of 1,394.00, it could be a good opportunity to sell.
* Trend following: Follow the trend by buying or selling based on whether the stock is moving upwards or downwards.
* Mean reversion: Look for opportunities to buy when the stock is oversold and sell when it is overbought.

Some key levels to watch in Titan Company:

* **Earnings**: Titan Company's earnings have been strong in recent quarters, with a steady growth in revenue and profits.
* **Brand recognition**: Titan Company has a strong brand presence in India and is well-known for its jewelry and watches products.
* **Competition**: Titan Company competes with other luxury goods companies in India, and changes in market conditions or competition could impact the company's pricing power and profitability.

Remember to always use stop-losses and position sizing to manage risk when trading.