Descending Triangle Breakout with Institutional Volume | STWP💹 Intellect Design Arena Ltd (NSE: INTELLECT)
Sector: IT – FinTech Solutions | CMP: ₹1,133.50 | View: Bullish Momentum Breakout Setup
📊 Price Action:
Intellect Design Arena has delivered a strong bullish breakout from its multi-month descending trendline, marking a structural shift from a consolidation base to a clear uptrend.
The stock reversed sharply from the ₹890 swing low and confirmed momentum above the ₹1,100–₹1,120 zone with an explosive 10x volume expansion.
The wide-range bullish candle and sustained higher close suggest institutional breakout participation and trend continuation toward upper resistance zones.
💼 HNI Trade Levels (STWP Setup):
Aggressive Entry: ₹1,114.50 | Stop Loss: ₹1,044.35
Low-Risk Entry: ₹1,076.5 | Stop Loss: ₹1,019.5
HNI and institutional activity is visible through heavy delivery-based volume and strong follow-up momentum.
The bullish structure remains intact as long as price sustains above ₹1,075–₹1,080, where short-term demand has been confirmed.
📉 VCP Analysis:
Intellect displays a multi-stage Volatility Contraction Pattern (VCP) — 8 visible contractions as per the VCP dashboard.
Each contraction narrowed with decreasing volume before the final 20-day breakout candle confirmed a volatility expansion phase.
This marks the beginning of a trend acceleration stage, aligning perfectly with RSI, MACD, and Supertrend confirmations.
📈 STWP Trading Analysis:
Entry: ₹1,114.50 | Stop Loss: ₹1,044.35
The breakout candle exhibits strong momentum with 5.42M volume vs an average of 0.52M, indicating institutional footprints.
The price is now sustaining above short- and medium-term EMAs, with all major timeframes (Daily–Weekly–Monthly) confirming an uptrend alignment.
Holding above ₹1,095–₹1,075 will maintain the bullish bias, keeping momentum setups active toward ₹1,175–₹1,255 zones.
📏 Fibonacci Analysis:
From swing low ₹890.25 to swing high ₹1,255.0:
61.8% @ ₹1,115.7 → Confirmed breakout level.
78.6% @ ₹1,176.9 → Next momentum target.
100% @ ₹1,255.0 → Swing resistance.
A daily close above ₹1,116 validates the Fibonacci continuation path toward ₹1,255–₹1,285, with an extended potential to ₹1,354 (Fibo 127.2% projection).
🧭 STWP Support & Resistance:
Resistances: ₹1,167.5 | ₹1,201.5 | ₹1,255.0
Supports: ₹1,076.5 | ₹1,019.5 | ₹985.5
The ₹1,076–₹1,020 zone acts as a key accumulation pocket, while the ₹1,255 area marks a significant swing barrier.
Structure indicates strong base support with progressive higher demand, suggesting buyers remain dominant on dips.
📊 STWP Volume & Technical Setup:
Today’s session recorded 5.42M shares vs 0.52M average, a 10x volume surge, confirming institutional breakout participation.
Indicators show bullish MACD crossover, RSI momentum above 70, and Stochastic strength across all timeframes.
The breakout is also validated by Bollinger Band expansion, signaling volatility release.
Trend Direction: UPTREND | Volume Confirmation: Strong Institutional Activity
🧩 STWP Summary View:
Final Outlook:
Momentum: Strong | Trend: Bullish | Risk: High | Volume: High
Intellect Design Arena has transitioned into a confirmed bullish continuation phase with institutional footprints and multi-indicator confirmation.
Holding above ₹1,075 keeps the pattern valid for a potential rally toward ₹1,175–₹1,255 levels.
The setup remains technically clean, high-volume backed, and trend-aligned — favoring bullish bias continuation in the near term.
⚠️ Disclosure & Disclaimer – Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be construed as investment advice.
I am not a SEBI-registered investment adviser, and this analysis is based on chart observations, technical patterns, and public data.
Trading involves risk; market movements can be sudden, and losses may exceed invested capital.
Past performance or setups do not guarantee future results.
Please evaluate your risk management and suitability before taking any trading decision.
Consult a SEBI-registered financial adviser before acting on any trade idea.
Position Status: No active position in (INTELLECT) at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference).
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