ITI Stock consolidated for more than 20 years in a range, RSI Showing W pattern and holding above 50 mark supporting a breakout in upcoming days for a big side rally.
Enter Once Days Candle Close Above: 125.00
Stop-Loss Days Candle Close Below: 80.50
Target 1 >> 164.50
Target 2 >> 225.00
ITI Stock made weekly high. the stock if kept momentum may go up based on price vol. action
Both Potential Targets and Stop loss mentioned on the chart.
***Educational content *** Not a Recommendation
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
