MilestoneCapital
Long

ITI Limited - Breakout -Symmetrical Triangle

NSE:ITI   Indian Telephone Industries Limited
Indian Telephone Industries limited has broken above from a symmetrical triangle pattern .
Initiate long when the stock retests the breakout point of 86-87.

Target 1: 100
Target 2: 104

Stop Loss : 83
Trade closed: target reached

Comments

should we hold or sell this now? at 107
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MilestoneCapital ashishcheema
@ashishcheema, Exiting at CMP would be better but If one wants to continue with the trade, then keep a trailing stop loss at 100.
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SIR..WHAT THE ENTRY PRICE??
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MilestoneCapital bala_sivani
@bala_sivani, Entry price is 86-87. It's around the same level, it should be bought here and hold it. It's a positional trade.
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