Titan – Downtrend resumes ?
After bouncing back from the lows around 800, Titan
TITAN has again got rejected at trendline resistance.
I can see that the stock has formed a large bearish candle and got rejected after retracing 61.8% of the previous downmove.
Good opportunity to short here with a small stop loss.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
TITAN has again got rejected at trendline resistance.I can see that the stock has formed a large bearish candle and got rejected after retracing 61.8% of the previous downmove.
Good opportunity to short here with a small stop loss.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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