Chart Of The Day – Titan Company rallies 5.6% post Q2 results, breaks 200-DMA on heavy volume.

Titan company today rose 5.6% on heavy volume today (~285% more than average volume) after it announced its Q2 results on Friday after market hours and beat EBITDA consensus estimates. It broke out from its200-DMA line today and is approaching its pivot level formed for a stage one double-bottom pattern. It’s currently trading 5% away from its pivot.

Titan Company_MarketSmithIndia

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