📊 INDIAN TELEPHONE INDUSTRIES LTD (ITI) – NSE | Daily Chart
📅 Date: May 28, 2025
📈 Current Price: ₹309.25 (+9.99%)
📌 Ticker: NSE:ITI
🧠 Technical Analysis Overview
✅ Cup & Handle Breakout 🍵📈
Price action has formed a classic Cup & Handle pattern — a bullish continuation setup indicating a potential uptrend continuation. The breakout is confirmed with a strong bullish candle and significant volume surge today.
✅ Volume Confirmation 📊
Today’s breakout above the ₹288 resistance comes with massive volume (~11.6M), validating strong buyer interest and momentum behind the move.
📍 Key Price Levels
📌 Breakout Level:
✅ ₹288.05 (Previous resistance flipped into support)
📌 Immediate Resistance / Targets
🎯 ₹340 – ₹360 (Short-term target based on pattern projection)
🎯 ₹400+ (Medium-term upside potential if momentum sustains)
📌 Support
🟨 ₹288 (Breakout retest zone)
🟥 ₹270 (Handle support)
📈 Trade Idea
Breakout Entry: ₹290–₹305
Retest Entry: Near ₹288 (if price revisits)
Stop Loss: Below ₹270
Target 1: ₹340
Target 2: ₹360
Target 3: ₹400
⚠️ Disclaimer
This chart analysis is for educational and informational purposes only. Not financial advice. Always do your own research before investing.
📅 Date: May 28, 2025
📈 Current Price: ₹309.25 (+9.99%)
📌 Ticker: NSE:ITI
🧠 Technical Analysis Overview
✅ Cup & Handle Breakout 🍵📈
Price action has formed a classic Cup & Handle pattern — a bullish continuation setup indicating a potential uptrend continuation. The breakout is confirmed with a strong bullish candle and significant volume surge today.
✅ Volume Confirmation 📊
Today’s breakout above the ₹288 resistance comes with massive volume (~11.6M), validating strong buyer interest and momentum behind the move.
📍 Key Price Levels
📌 Breakout Level:
✅ ₹288.05 (Previous resistance flipped into support)
📌 Immediate Resistance / Targets
🎯 ₹340 – ₹360 (Short-term target based on pattern projection)
🎯 ₹400+ (Medium-term upside potential if momentum sustains)
📌 Support
🟨 ₹288 (Breakout retest zone)
🟥 ₹270 (Handle support)
📈 Trade Idea
Breakout Entry: ₹290–₹305
Retest Entry: Near ₹288 (if price revisits)
Stop Loss: Below ₹270
Target 1: ₹340
Target 2: ₹360
Target 3: ₹400
⚠️ Disclaimer
This chart analysis is for educational and informational purposes only. Not financial advice. Always do your own research before investing.
交易結束:目標達成
The first resistance level has been touched. If the trend is to continue, it's important to follow a trailing stop-loss strategy and patiently wait for the price to approach the second resistance level.免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。