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anuragcoma15
29 Th10 2017 13:00

Titan - Go Long before short Giá lên

TITAN COMPANY LTDNSE

Mô tả

Titan is making H&S pattern at the peak of its uptrend. Looks to be a good case of probable trend reversal.
Once right should is complete titan can go as low as 520.

Apart from H&S pattern Titan is also making bearish triangle pattern, making lower highs while not making higher lows. Once the triangle is broken on the bearish side it will complete H&S pattern boosting further downside.

However before completing the right shoulder titan can go in a range-bound movement. Let's take that trade before shorting it

Buy Titan above 600
Target 614
SL 575 on closing basis or 585 for intraday

If titan hits Sl then Short titan below 570

Đóng lệnh: đạt mục tiêu

Didn't know the target will be achieved in 1 day

Profit = 616 - 600 = 16
If you traded in 1 lot, your profit = 16 * 1500 = 24000
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