Double bottom reversal with bullish engulfing candle in Titan

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TITAN A double-bottom reversal from the 3120-3140 level can be bought and the target can be achieved at 3750-3800. A bullish engulfing candle has been formed in the weekly time frame confirming the reversal.
A stop loss to 3150 or a closer swing is advisable. The risk-to-reward ratio can be managed at 1:4.