Markets seem to be slipping again today with Nifty down ~0.8%, and the broader structure still feels pretty weak. A lot of stocks are starting to break down, and Titan is one I’ve been actively tracking and now shorting.
Price has been steadily rolling over and losing momentum. The structure right now looks like it’s setting up for a continuation move lower, which is why I decided to take the short.
What I’m watching specifically:
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Daily FVG around 4000 – looks like a logical magnet if selling continues and price is almost there
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Next- 1H FVG around 3973-70
With the overall market not showing much strength, it feels like these imbalances could get filled soon if selling pressure continues.
For now, I’m holding the short.
