Strategy for utilizing derivatives in the financial market on Bharti Airtel and Titagarh Rail Systems
Titagarh Rail Systems: A Bearish Outlook for August Futures
In the current market climate, Titagarh Rail Systems' August futures are projected to experience a decline, with the ideal target for a short position being around ₹700 in the near term.
As of mid-August 2025, the price of Titagarh shares hovers around ₹810-₹815, having seen a recent decline from a high near ₹853 in early August. This price drop, coupled with bearish retail sentiment and supply chain and tender delays affecting earnings, supports a downside projection.
Technical analysis suggests a resistance zone just above the current levels, near ₹830-₹850, making it a logical place to set a stop-loss for a short position. This is to limit losses if the price moves against the position. On the other hand, the target price could be set near the recent support level around ₹760-₹770, which is consistent with recent support levels shown on futures price charts and ATR measures (ATR ~30).
For those considering a short position on Titagarh Rail Systems' August futures, a recommended stop-loss would be near the recent average resistance zone around ₹830-₹850, while the target price could be set near the recent support level around ₹760-₹770.
It's important to note that Titagarh Rail Systems' stock breached a support at ₹830 last week, opening the door for further decline. The nearest support for the stock is at ₹700, followed by ₹670.
Before reaching the target price of ₹700, the August futures might see a minor uptick in price to ₹830. However, the initial stop-loss for the short position should be placed at ₹870. When the contract declines to ₹780, the stop-loss should be revised to ₹820.
For any queries about the Titagarh Rail Systems futures, [email protected] is the contact for further information. Always remember to consider your risk tolerance and position sizing accordingly when making investment decisions.
- The bearish outlook for Titagarh Rail Systems' August futures calls for a short position, with the ideal target around ₹700, considering the current market conditions, the recent price drop, and bearish retail sentiment.
- Technical analysis suggests a resistance zone near ₹830-₹850, serving as a logical stop-loss point for a short position on Titagarh Rail Systems' August futures to limit losses if the price moves against the position.
- In the context of the Titagarh Rail Systems futures, investors might want to consider setting the target price near the recent support level around ₹760-₹770, consistent with recent support levels shown on futures price charts and ATR measures (ATR ~30).
- Despite potential minor upticks in price before reaching the target price of ₹700, the initial stop-loss for a short position on Titagarh Rail Systems' August futures should be placed at ₹870, with a subsequent revision to ₹820 once the contract declines to ₹780.
