| CMP# | 1230.3 |
| Idea | BUY |
| Buy Range | 1206 – 1236 |
| Target | 1325 – 1365 |
| StopLoss* | 1150 |
| Duration | 15 – 20 Trading Sessions |
| Potential Return^ | 8 – 11% |
| CMP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Return^ |
| 1230.3 | BUY | 1206 – 1236 | 1325 – 1365 | 1150 | 15 – 20 Trading Sessions | 8 – 11% |
# CMP on Oct 09, 2019
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 1278.
^ The returns are calculated based on CMP#
COMPANY OVERVIEW
Titan company, established as a joint venture between Tata Group and Tamil Nadu industrial corporation in 1984, engaged in offering Watches, Jewellery, Eyewear and other accessories in India and internationally under the brand Fastrack, Tanishq, Titan eye +, Xylys, Sonata and distributed through retail chain World of Titan, Helios and Fastrack stores. In Q1FY20 the company’s net income was improved by 15.73% to Rs.5151.09 crore.
| Stock Data | |
| NSE Code | TITAN |
| Sectoral Index | Nifty 500 |
| 52W High | 1345 |
| 52W Low | 732.3 |
| Face Value | 1 |
TECHNICAL OBSERVATIONS (WEEKLY)
- The weekly low 1177 also correspond with existing support line which is up since 2017 and was tested multiple times, thereby making it strong support.
- Overall trend and the broader pattern are Bullish and the recent reactive throwback may provide a good opportunity to go long.
CONCLUSION - Titan SHARE PRICE FORECAST
Based on our short term delivery stock trading tips, Titan share price target will be 1325 – 1365 in the next few days.