Ready for breakout. Cup formation at daily chart. above all moving average . ready for action
1 to 3 week trade Very strong stock Vol. High Buy- breakout level Tp1- 804 Tp2- 859 70 Sl- 768.95 All technical parameters are strong
As per my study i feel the stock is in good risk to reward ratio. stop loss of 711 is on closing basis as you can also see the stock never closed below 711 in its last swing . as per P&F charts also very good setup .
Intellect Design Arena bags contract from SBI for digital transformation
Stock was in correction phase. Today the stock has given a good strength candle and can move higher from here
NSE:INTELLECT good evening folks , myself ANKIT SHARMA. there is a formation of "BULLISH"ascending triangle with higher lows and flat highs. it can show a breakout once it gets out of the sideways movement. TIME FRAME : 2 -3 MONTHS TARGET : 800 + STOP LOSS : 650 (FOR SHORT TERM TRADERS) AND 630 (FOR LONG TERM TRADERS ) FOLLOW MY YOUTUBE CHANNEL FOR MULTIBAGGER...
Bullish on Intellect , we will see a perfect triangle breakout in this. Pure price action , no Jazz.
moved 7% today, broke out of wedge, and we could see more upside, especially with the markets posting all time high today..targets are marked. Trade at your own risk. Do your own research.
Sl below Shaded Line Need to follow the Strict result,Completely Techno Pick.Do own Study, Happy trading.
Based on my analysis of the SMA 34 these are the key points. Alert Candle - 14th May Entry @735.75 (0.1% above ) SL - 685.30 Ratio- 50.45 T1 - 786.2 T2 = 836.65 T3 - wait for another altert candle
Breakout Retested and Respecting the 21 EMA... Can see a good upside from here Invalid below 710
#IntellectDesgin Soon gonna touch 900+ level.
Symmetric triangle pattern breakout It will retest the breakout at 750 levels Enter at 750 SL at 709 Target at 870
Stock is trading near multi-peak level after a long time and ready to breakout. If it managed to close above this level then we can see very sharp upside. As per my experience it will cross the level and form a good base here for a month and then it will start the next journey. It is under watch and any breakout from ATH range will show sharp upmoves. CMP 275