ITI Hits TP1! Target ₹450—Daily Chart Breakout!
Indian Telephone Industries (ITI) on the daily timeframe has achieved TP1 and shows strong bullish momentum, making it highly probable to achieve TP2, TP3, and TP4. This trade was identified using the Risological Swing Trading Indicator, providing clear entry, stop-loss, and target levels.
Key Levels:
Technical Analysis:
The trade entry at 266.50 was confirmed with a breakout above key resistance levels, supported by bullish price action. The stop-loss is tightly placed at 238.25, ensuring risk is well managed. The current upward trajectory aligns with the Risological trend, signaling strong continuation toward the upper targets.
Traders should monitor the price action near TP2 and TP3 for any signs of consolidation or resistance, with the expectation of further upside potential.
Key Levels:
- TP1: 301.40 ✅
- TP2: 357.90 (Pending)
- TP3: 414.40 (Pending)
- TP4: 449.30 (Pending)
Technical Analysis:
The trade entry at 266.50 was confirmed with a breakout above key resistance levels, supported by bullish price action. The stop-loss is tightly placed at 238.25, ensuring risk is well managed. The current upward trajectory aligns with the Risological trend, signaling strong continuation toward the upper targets.
Traders should monitor the price action near TP2 and TP3 for any signs of consolidation or resistance, with the expectation of further upside potential.
- Indicator used on my charts > Risological.com
- NO Repaint!
- Consistent profits, minimised losses
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
- NO Repaint!
- Consistent profits, minimised losses
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
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