Mildly Bullish Trade in Titan for Sep Series

9월 1일

Detailed Technical View on the Security :

• Trading above 20D/50D/200D-EMA in daily & weekly
  
• Higher High / Higher Low BULLISH formation
  
• RSI crossing > 50 from below indicating strength
  
• Drop in volatility (indicating stability)
  
• High Open Interest build up at 3600/3700 (resistance)
  
• Buy on dip setup in the stock is forming
  
• Medium IV in the stock
  
  Ratio Spread seems good, but adjustment planned after a week to manage risk