ITI Ltd. Symmetrical Triangle – Breakout/Breakdown Imminent!
Analysis:
ITI Ltd. is trading within a symmetrical triangle pattern on the 15-minute chart. This formation often precedes a strong directional move.
📊 Key Levels:
Current Price: ₹374.65
Upside Target: ₹400
Downside Target: ₹350
Support Zone: ₹343.94
Trade Plan:
Await a breakout above ₹380 for bullish entry.
Breakdown below ₹370 could trigger bearish momentum.
Volume confirmation is key for stronger conviction.
💬 What’s your take on this setup? Let us know in the comments!
ITI Ltd. is trading within a symmetrical triangle pattern on the 15-minute chart. This formation often precedes a strong directional move.
📊 Key Levels:
Current Price: ₹374.65
Upside Target: ₹400
Downside Target: ₹350
Support Zone: ₹343.94
Trade Plan:
Await a breakout above ₹380 for bullish entry.
Breakdown below ₹370 could trigger bearish momentum.
Volume confirmation is key for stronger conviction.
💬 What’s your take on this setup? Let us know in the comments!
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