, stating that
After an uptrend, the stock price of
TITAN
started consolidating and formed important support and resistance levels of 3315 and 3450, respectively
Today, the stock price has given its closing about 200 exponential moving average
and a crossover between a 20 exponential moving average and a 100 exponential moving average may be seen in the upward direction, which indicates the rise in price shortly thereafter.
We would be bullish on it until the stock price is trading about the 200 moving average
RSI is at 66.5, which also indicates the rise in price
At that time, the stock price was 3378.6, and today it is at 3510, which is approximately 4% up
A further rise in price may be seen as the stock price is trading above the 200-day moving average
and crossover between 20 and 100 moving averages in the upward direction is seen, which indicates a further rise in price
RSI is at 72.01