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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SEBI Registration number is INZ000174330
