📌 ITC | 1 hr Idea – 8 June 2025
Bias: Neutral inside box
CMP: ~432.00
Market Structure
• Box consolidation between 426–434; no clear breakout yet.
• Momentum dead – wait for confirmation.
Levels
│ R1 434.00 │ R2 438.00
│ S1 426.00 │ S2 421.00
Trade Plan
🟢 Breakout Long → Entry on 1‑hr close > 434.50.
Targets 438 / 442 | SL 429.
🔴 Breakdown Short → Entry on 1‑hr close < 425.50.
Targets 422 / 418 | SL 430.
Notes
• Expect volatility spike after box breakout.
• Patience needed – don’t chase inside range.
Set alerts at 434.50 and 425.50; manage risk ≤ 1% per trade.
#PriceAction #ITC #1hr #GLOBALTRADESECURITIES
Bias: Neutral inside box
CMP: ~432.00
Market Structure
• Box consolidation between 426–434; no clear breakout yet.
• Momentum dead – wait for confirmation.
Levels
│ R1 434.00 │ R2 438.00
│ S1 426.00 │ S2 421.00
Trade Plan
🟢 Breakout Long → Entry on 1‑hr close > 434.50.
Targets 438 / 442 | SL 429.
🔴 Breakdown Short → Entry on 1‑hr close < 425.50.
Targets 422 / 418 | SL 430.
Notes
• Expect volatility spike after box breakout.
• Patience needed – don’t chase inside range.
Set alerts at 434.50 and 425.50; manage risk ≤ 1% per trade.
#PriceAction #ITC #1hr #GLOBALTRADESECURITIES
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.