Stocks in focus today: The short-term trend of Nifty seems to have cooled off after a decent upside movement. There is a possibility of further consolidation or minor weakness for the next 1-2 sessions. Adani Enterprises, Titan, Adani Wilmar, HDFC among stocks to watch on Thursday, May 4, 2023.
Titan Company: Richard Liu of JM Financial said Titan’s continued confidence on its businesses’ growth path is likely to assuage concerns on urban discretionary consumption slowdown for the time being.
Stocks in focus today: After experiencing a continuous decline for four months, the market has rebounded quite smartly. The future trend of the market will be shaped by several domestic, global events. Adani Wilmar, Adani Total Gas, Titan Company are among the stocks to watch on Wednesday, May 3, 2023.
Titan Company’s jewellery segment continued with its demand momentum in January and February led by deferred demand from November/ December and a favorable base.
Titan Company is having a very bullish chart, as it is forming higher highs and higher lows for formation on the daily chart. The overall structure of the counter looks lucrative.