TRADE SETUP – NSE TITAN & CHOLAFIN

NSE Titan: Bulls Halt the Plunge?

Free nse titan chart calls

Timeframe: Daily

NSE TITAN has formed an A-B-C correction on the daily timeframe chart. The ATR has dropped to 40.47, while the ADX is at 23, indicating current weakness. The price has completed wave (c) at 3055.65 and has begun a new impulse cycle.

In this structure, wave B is the strongest supply level, as the 20, 50, 100, and 200 EMAs converge here, with the price currently trading below all these EMAs. The sub-waves of the impulsive cycle are visible, with wave 2 presently taking place. If the security falls from here and turns out, 3269 can serve as an entry-level for the following targets: 3341 – 3444 – 3620+. Targets can be extended only after the breakout of wave (B.)

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NSE CHOLAFIN – Complex Correction Setup

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