TITAN COMPANY LTD
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Did Titan reach its life time high and ready for profit booking

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Did Titan reach its life time high and ready for profit booking ???

Reasons/Traits :
• Wedge pattern break out target reached (width of wedge would be the target)
• Inside bar/Bearish Harami candle formation seen today
• Titan is at life time high
• Is in overbought zone with decreasing volume

What can happen next :
Scenario 1 : Uptrend can continue to reach 4.618 levels of ABCD pattern /2080/2100 levels
Scenario 2 : Profit booking to go downside of 0.236/0.5/0.618 and go uptrend

2000-2100 levels are an important zone, let’s see..

Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Заметка
Scenario 1 activated and reached all targets, not ready to give up...
Заметка
Consolidating to fall or go up further?
Заметка
non-stoppable
Сделка закрыта: достигнута тейк-профит цена
all targets achieved
bearishharamiChart PatternsFundamental AnalysisInside BartitanTrend Analysis

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