Titan Breaks Out from Descending Triangle

3 Eyl 2016

The price action broke out from triangle and followed up with big green candlesticks indicated strong buying pressure. At current prices, the price action may move down to 406 levels again as profit booking can be seen and from 406 levels new buying pressure will be asserted in price action to move upto 430 levels or to previous resistance.

Target: 432
Stoploss: 390