ITI - At Crucial Level - Long or Short

ITI CMP - 124.50

Indian Telephone Industries Limited is at an interesting levels and can breakout anyside. One can go for Intraday trade setup on both sides with the following entry, exit & targets

Buy at or above 127 - 127.50 / Stop Loss 123

Target 1 - 129
Target 2 - 132
Target 3 – 134 / 135

Sell at or below 123.50 / Stop Loss 128

Target 1 - 122
Target 2 - 121
Target 3 – 120 / 118


Disclaimer: This is my view and for educational purpose only.