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30-05-2024 10:29 AM | Source: Religare Broking
Stock of the day : Titan Company Ltd. For Target Rs.170 - Religare Broking

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Titan Company Ltd.

* TITAN has been underperforming the benchmark index and trading with the corrective bias for over 2 months.

* It experienced sharp selloff with significant rise in volumes following a breakdown from the consolidation range.

* It failed to hold above the long term moving average and now resuming the prevailing tone.

* We thus recommend creating shorts through the Put option 

Buy Titan Company Ltd CMP 107.55 Range 106-109 SL 75; Target 170

 

 

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