Mildly Bullish Trade in Titan for Sep Series

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

Chart PatternsTrend Analysis

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