--Short Below =1411.90 or CMP --Target = 1338.15 --Stop-loss = 1460.30 --R:R =1.51 --Lot Size =750 --Expected Profit = 54,000 (5.19 % ) PER LOT --Expected Holding = 10-15 Days only
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====================================================== โญTechnical Reasons to trade or Strategy applied :- โญ
1) Titan has formed head & shoulder pattern at the all time high 2) Target is based on the Longterm Trendline support & support Zone 3) Volume is perfect according to the setup 4) Bearish Engulfing candlestick Pattern with good volume 5) stock has broken the 50ema as well .
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PROFIT 33,000 per lot ๐ฏ (6%) in four days --------------------------------------------------------------
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Trade is NOT active yet ....stocks didn't even touched our entery level