T_Harth

TITAN- Relative Strength says SELL!

Short
Attached: Titan/ Nifty 50 Daily Chart Live Market Hours as of 18th April 2023

The Ratio Chart signals that TITAN has completed Wave A/ 1 and done a retracement in Wave 2/ B and now the 3rd Wave/ C Wave Down is to Start
This implies that on a Relative Basis, TITAN is likely to MASSIVELY Underperform Nifty 50 Index

Today Titan is also One of the Top Losers from the Nifty 50 Index Top 20 Heavyweights
So as they Sell Weakness and Buy Strength

Hence, Look for Short Opportunities in Titan

Siddharth Bhansali

✔️FREE Telegram Channel t.me/T_Harth
✔️Twitter Handle @T_Harth
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.