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Titan - Bearish Chart Formation
Overall chart structure of Titan is bearish but somehow manage their price at higher level.
If we analyse chart structure then we found Double Top formation along with three times
bearish candlestick patterns - like Shooting Star and Evening Star (Twice). Highest high of
evening star acts as a resistance and this high becomes double top.
If we study the price then we found that price has bounce from lower level but without
any chart pattern or candlestick confirmation. If price fall below 1500 also a psychological
round number then we can see further fall in Titan.
Sell Below 1500
Stop Loss 1575
Target 1350
If we analyse chart structure then we found Double Top formation along with three times
bearish candlestick patterns - like Shooting Star and Evening Star (Twice). Highest high of
evening star acts as a resistance and this high becomes double top.
If we study the price then we found that price has bounce from lower level but without
any chart pattern or candlestick confirmation. If price fall below 1500 also a psychological
round number then we can see further fall in Titan.
Sell Below 1500
Stop Loss 1575
Target 1350
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