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AALGO BREATHS I SEBI RA

1st Sep · SEBI-Registered Analyst

Titagarh Rail Systems Ltd – Bearish Head & Shoulders Setup

TITAGARH
Stock is showing a potential Head & Shoulders formation, with the Right Shoulder appearing complete and price facing weakness near the neckline zone. The stock is currently struggling below key resistance, while momentum remains relatively weak. A sustained breakdown below the ₹841 support zone could increase selling pressure and open the possibility of further downside. 🔎 Technical View: • Head & Shoulders pattern visible • Right Shoulder formation completed • Weak momentum near the neckline • Price facing resistance around ₹855–₹889 🔑 Key Levels: • Resistance: ₹855–₹889 • Support: ₹841–₹827 • Major Support: ₹784–₹755 📉 Downside Targets: ₹827 → ₹784 → ₹755 → ₹712 → ₹689 📈 Trading View: A sustained move below ₹841 may trigger fresh downside momentum towards ₹784–₹755 and lower levels. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

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