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TITAN - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

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📊 Technical Analysis for TITAN (Titan Company Ltd.)

⭐ Technical Rating

3.0 (Neutral technicals with bearish momentum and consolidation signs near key support levels)

📉 Chart Patterns & Trend Status

Trend Status: TITAN is currently consolidating, with signs of a mild bearish reversal from its recent high of ₹3,867.

Pattern Observed: Descending triangle forming near ₹3,350–₹3,400 zone.

Candlestick Signals: Recent Doji and Bearish Marubozu suggest indecision and selling pressure.

📈 Moving Averages

Indicator Value (₹) Signal

50 DMA 3,477 Price below – Bearish

200 DMA 3,409 Price below – Bearish

20 EMA ~3,360 Price near – Neutral

Price is below all major moving averages, indicating weak momentum.

Death cross between 50 DMA and 200 DMA adds to bearish bias.

📊 Momentum Indicators

Indicator Value Interpretation

RSI 38.0 Bearish zone, not yet oversold

MACD -32.1 Bearish crossover, fading momentum

MFI ~42.5 Neutral, no strong accumulation

CCI ~-85 Mild downtrend confirmation

📉 Bollinger Bands & Volume

Price near lower Bollinger Band, indicating selling pressure.

Volume below 1-week average → low conviction, typical of consolidation.

📌 Support & Resistance Zones

Level Price (₹)

Support 1 3,350

Support 2 3,301

Resistance 1 3,398

Resistance 2 3,420

Resistance 3 3,446

Trendline resistance near ₹3,420–₹3,446.

Support holding around ₹3,301–₹3,350.

🎯 Entry & Exit Zones

Entry Zone: ₹3,301–₹3,350 (if price stabilizes and RSI rebounds)

Exit Zone: ₹3,398–₹3,446 (short-term resistance zone)

Stop Loss: ₹3,275 (below recent swing low)

🧭 Summary

TITAN is in a consolidation phase with bearish undertones. Momentum indicators are weak, and price action suggests indecision. A breakout above ₹3,446 with rising volume could signal a trend reversal, while a breakdown below ₹3,301 may invite further downside. Traders should wait for confirmation signals before entering.

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