Titan might fall heavily in a few days
FUNDAMENTAL REASONS
1. Previously bajaj finance posted really good results but still, it fell 6% in just one day and nowadays we are seeing that stocks after they post their results, are felling down a lot.
2. All the investors in the market are switching from blue-chip stocks to value stocks
3. the global markets are falling heavily and also due to LIC IPO we might see sell-off in the market
4. And the fed might announce an interest hike due to high inflation.
Technical reason
1. the stock is supported by a trendline and it had taken support from it 5-6 times now there is a lot of probability that it might break its trendline.
2. Whenever it breaks the trendline we should go short in the market
FUNDAMENTAL REASONS
1. Previously bajaj finance posted really good results but still, it fell 6% in just one day and nowadays we are seeing that stocks after they post their results, are felling down a lot.
2. All the investors in the market are switching from blue-chip stocks to value stocks
3. the global markets are falling heavily and also due to LIC IPO we might see sell-off in the market
4. And the fed might announce an interest hike due to high inflation.
Technical reason
1. the stock is supported by a trendline and it had taken support from it 5-6 times now there is a lot of probability that it might break its trendline.
2. Whenever it breaks the trendline we should go short in the market
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。