* On a daily chart, the stock has been trading in a Broadening Falling Wedge Formation since last many days where it has recently faced a strong resistance of its upper band of the formation which indicates a southward move in the counter.
* Moreover, the stock has failed to sustain above its 200 Days Moving average which was placed at 835 level which shows a weak move in the counter for the time being.
* On an hourly chart, the stock has given a breakdown of its lower leg of Downward Falling Channel formation which suggests a further downside movement in the counter.
* A daily momentum indicator MACD is reading with a negative crossover and below its zero line which points out for a weakness in the counter.
* Based on the above technical structure, we are expecting a downside movement in the counter in few trading sessions.
Sell Titan Company Ltd @ 811.25-815.30 Stoploss 838 Target 755
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