Titan a common favourite stock is making a comeback to make yet new highs.
The stock has been underperforming the market and has been in a 3 month consolidation and now forming a cup and handle pattern inside a bullish flag pattern.
The accumulation volume looks good and is providing support to the stock at the lower levels and the stock if supported by overall markets can rally to an aggressive target of Rs 4500 and beyond.
The stock has been making multiple bases since Apr 2009 as can be seen from its weekly chart
The stock has been underperforming the market and has been in a 3 month consolidation and now forming a cup and handle pattern inside a bullish flag pattern.
The accumulation volume looks good and is providing support to the stock at the lower levels and the stock if supported by overall markets can rally to an aggressive target of Rs 4500 and beyond.
The stock has been making multiple bases since Apr 2009 as can be seen from its weekly chart