Shares of Titan started with a decline. And its shares have given investors a strong buying interest at lower levels. And has risen over 10% since the recent swing low. It has risen above its 20-DMA and prices have also risen positively.
This is higher than the previous swing rise and is positive. The company’s MAC has recently given a good crossover. Interestingly, the company’s OBV is higher than the previous swing increase.
Considering the above factors, the coming stock trading is expected to rise. Titan’s 200-DMA level is expected to make a good rise of Rs 2,340 in the short and medium term. Traders have good opportunity for swing trading and can expect good profit from it.
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