Jewellery business has a lot of growth potential in India. Since Titan is one among the market leaders and there is a lot of unexplored and untapped opportunity in the unorganised section which is currently under the local players, Titan have a lot to grow as a business, in the future.
So looking forward to buy at the bottom of the channel targeting the highs for a profit of about 20%.
At the moment, there is no plan to add on to the position if price crashes from that level.
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