TraderRahulPal

Intellect Design Buy Trading Idea.

Long
NSE:INTELLECT   INTELLECT DESIGN A
Multiple breakout indicate an upward movement in Intellect Design. Price has now risen above the resistance of a horizontal trendline with a rise in volumes. MACD have given a bullish crossover which also happens to be a range breakout. Price has surpassed the resistance of its 61 ema. All these observations are in the daily time frame. price can rise at least 480 and above that, it can rally up to 500. it can be bought at current price 465-450. place stop loss 440 on a hourly basis. Holding duration one week to 2 weeks. Please follow strict stop loss.

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Comment:
awesome move near to our target price

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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