TITAN - Buying the dip

9 nov 2018

Expecting double digit positive earnings.

Premise:
1. Wait for the 15/30min beardiv to play out, then buy
2. OTE at 845-849
3. Long term retrace seems unlikely given overall market sentiment

Execution:
1. Undecided, draft only. Waiting for retrace.

Result:
1. Wait for retrace

9 nov 2018

Trade attivo

Last entry pending - orders filled at 849, 847

9 nov 2018

Nota

Last entry hit at 845. Now we wait

9 nov 2018

Nota

Earnings double digits in the positive as predicted.

Link to earnings report : moneycontrol.com/stocks/reports/titan-company-unaudited-financial-results-standaloneconsolidated-forquarterhalf-year-ended-30th-september-2018-13208821.html

12 nov 2018

Nota

Good 3% bounce. Stop at entry.

12 nov 2018

Nota

Took half profit @ 880

12 nov 2018

Nota

Moving stop to 855 and riding it out.

12 nov 2018

Nota

Closed full at 910. Thought it'd need a week - it didn't.

12 nov 2018

Trade chiuso: obiettivo raggiunto

12 nov 2018

Nota

900*