Titan slides over 5% despite Q1 growth; Analyst sees more pain
Titan shares dropped 5% despite a 20% YoY Q1 growth, as analysts flagged technical weakness and earnings miss. Analyst Varunkumar Patel noted the stock broke below key EMAs, with an RSI under 50, signaling bearishness. Morgan Stanley cut its target, citing a sharp miss. Short-term traders are advised to short with ₹3,250 target; investors are to wait below ₹3,400.