TITAN IND. : Short call was initiated below 228 for target 221-15 last Monday. Now stock has almost completed our targets and trading near 216.We are still bearish on this counter. This stock can fall further towards 213-10-7 from current levels. However a technical bounce/dead cat bounce is not ruled out on positive global cues. Keep stoploss above 221 in gap up opening position. Risk takers however can short more with sl 224 on closing basis. To Check original call on Titan click link below
