Titan extends winning run after strong Q2 results

Titan gained 3.4% on 6 November 2026, extending its winning streak to seven sessions after Q2 profit rose 113.7%. Rs 5,186.50 is the key hurdle. Titan Company Ltd. [ TITAN ] closed 3.4% higher on Friday, 6 November 2026, extending its winning streak to seven sessions after Q2 results. Consolidated profit surged 113.7% year on year to Rs 2,393 crore from Rs 1,120 crore. Revenue increased 10% year on year to Rs 20,614 crore from Rs 18,725 crore. Profit growth outpaced revenue growth, showing a sharper rise in the bottom line than in sales. The share price also gained 12.7% on a weekly basis for the week ended 4 November, as provided. The immediate hurdle is Rs 5,028, followed by Rs 5,186.50. Support levels are Rs 4,600 and Rs 422. In my view, the trend remains bullish while the price holds above support. A move above Rs 5,186.50 would bring further strength into focus. A fall below Rs 4,600 would weaken the near-term view, while a break below Rs 422 would put the broader bullish view under pressure. Watch the reaction at both hurdles and whether support holds. A failure to sustain above support would be a reason to reassess the view. Stance: bullish while above Rs 4,600, with Rs 5,186.50 as the key resistance. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing."