Choice Broking's Executive Director Sumeet Bagadia has recommended buying Titan, the Tata Group's jewellery stock, on Dussehra 2026. He highlighted the stock's long-term bullish structure supported by an ascending trendline that has helped form higher lows over recent years. Bagadia suggested buying around ₹4,420 with further accumulation on dips to ₹4,300, targeting upside levels of ₹4,860 and ₹5,085, according to livemint.com.
Bagadia noted that the weekly candlestick indicates stabilization near a major trendline support, with tight consolidation signaling buyers defending the uptrend. The stock recently rebounded from its 50-day exponential moving average (EMA), which could support recovery. The relative strength index (RSI) stands at 44.95, showing moderate momentum that has yet to turn decisively bullish. He emphasized that holding above the crucial support level of ₹4,070 is important to sustain the long-term bullish trend.
Titan’s stock has experienced a short-term decline but remains technically positioned for a rebound. The recommendation aligns with the broader market context where technical analysts monitor EMA and RSI indicators to time entries. Compared to other Tata Group stocks, Titan’s jewellery segment has shown resilience, making it a preferred pick for positional trades during this festive season, per livemint.com insights.
The next key price levels to watch include the support at ₹4,070 and the upside targets of ₹4,860 and ₹5,085. Investors considering positional trades can use these levels to manage risk and potential gains. The recommendation to buy on Dussehra 2026 coincides with the stock’s technical setup and seasonal market trends, as detailed by Choice Broking’s Sumeet Bagadia.