TITAN- Relative Strength says SELL!
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
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
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
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