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Monday, 20 January 2025
Nse tips
buy titan eq@3370 sl 3200 target 3500/3600
It looks like you're planning a buy trade on Titan Company Ltd. (TITAN) stock at ₹3,370, with a stop loss (SL) at ₹3,200 and target levels of ₹3,500 and ₹3,600.
Here's a breakdown of your trade:
Entry: Buying at ₹3,370 means you're expecting the stock price to increase from this point.
Stop Loss (SL): Placing the stop loss at ₹3,200 implies a risk of ₹170 per share. This is your maximum acceptable loss in case the price moves against you.
Targets:
Target 1 at ₹3,500 offers a potential profit of ₹130 per share, about a 3.86% upside from the entry point.
Target 2 at ₹3,600 offers a profit of ₹230 per share, or about 6.82% upside.
This setup has a reward-to-risk ratio of roughly 1:1 for the first target, and more favorable for the second target if the stock moves higher.
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