Indian Telephone Industries Limited
Long
Aggiornato

ITI - symmetrical triangle formation going on,watch for breakout

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symmetrical triangle formation going on in daily and weekly istantanea

volatility decreasing and BB is squeezing, istantanea 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.
Trade attivo
breakout with good volume, closed at 103.75, tgt should be 116 then 130
Trade attivo
retesting the broken trend line istantanea
Trade chiuso manualmente
trend line support broken, looks bearish istantanea
Nota
downtrend is established in ITI, in weekly. BB also downward here. istantanea

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