suraranjanganguli

ITI for Swing/Positional View

Long
NSE:ITI   Indian Telephone Industries Limited
ITI Prediction for Swing/ Posional Trading

First trendline breakout at Entry 1 level. You can entry at Entry 1 level above 125.5 but there is a resistance 132-134 level. You can enter in trade at Entry 2 level above 134 close daily basis or you can entry at any of the above levels according to your experience.

SLs- 122,118,112( according to your entry and RRR)
Targets- 144,165,197,250,…
Intermediate Targets- 140,155,176,187,208,219,229,240,260,…


According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Can anyone tell me which chat patterns are shown up here?

Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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About ITI -
ITI Ltd. engages in the business of manufacturing, trading, and servicing of telecommunications equipment and rendering other associated and ancillary services. It offers telecom products and total solutions covering the whole spectrum of switching, transmission, access, and subscriber premises equipment. The company was founded in 1948 and is headquartered in Bangalore, India.
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Comment:
Exactly took resistance from 132 on 5th Sept 2023. Retested the Entry 1 Level and gave breakout . 125.5 to 176 ( Intermediate Target 3 achieved).. Exactly touch the level and got resistance. Got already 40% + profit.
Comment:
High 204 till now. Target 3 (197) achieved Intermediate Target 5 (208) almost touched till now. Got already 60%+ profit. 125.5 to 204.
Comment:
Intermediate Target 5 (208) achieved ...213.3 High
Comment:
My all Previous Targets are achieved. High 271. 125.5 to 271
Comment:
Comment:
ITI new Levels-

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