Indian Telephone Industries Limited
Largo
Actualizado

ITI - symmetrical triangle formation going on,watch for breakout

234
symmetrical triangle formation going on in daily and weekly imagen

volatility decreasing and BB is squeezing, imagen breakout to be followed soon.

since it was in an strong uptrend, upside breakout expected here.

safe traders should wait for breakout. Risky traders may enter with a sl - 91.

we ll discuss on tgt after the breakout.
Operación activa
breakout with good volume, closed at 103.75, tgt should be 116 then 130
Operación activa
retesting the broken trend line imagen
Operación cerrada manualmente
trend line support broken, looks bearish imagen
Nota
downtrend is established in ITI, in weekly. BB also downward here. imagen

Exención de responsabilidad

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.