💎 Titan – Ready for a Breakout After 18-Month Range Consolidation

Chart Structure Titan has been consolidating in a broad rectangle between ₹3,000 – ₹3,850 for nearly 1.5 years. Now, the stock is testing the upper boundary of this range for the fourth time, suggesting strong buildup before a potential breakout. Key Technical Levels Support Zone: ₹3,000–₹3,100 Resistance Zone: ₹3,850 (range top) Breakout Target: ₹4,600–₹4,700 (≈ +19.6% upside projection based on range height) Pattern Insight The structure resembles a rectangle base formation or Stage 2 reaccumulation, typical before continuation of a primary uptrend. A weekly close above ₹3,860–₹3,900 with volume confirmation could initiate a new rally toward the ₹4,600+ zone. Momentum View Each pullback in 2024–2025 found higher lows near ₹3,100, showing institutional accumulation. The current weekly candle shows bullish strength with sustained buying — a pre-breakout setup.