INTELLECT Daily looking bullishINTELLECT Daily has inverted head n shoulder breakout with 200 ema support on daily candle.
Good to buy at retracement near 500 for targets of 588,631 with sl below 478
INTELLECT trade ideas
Long term idea on Intellect designI daily make educational content videos for swing / positional trading
Stage 2 BO with Breakaway Gap#INTELLECT
- Big Volume BO from Stage 1 Base with Breakaway
Gap
- Trading Above Key EMAs
- Bullish RSI
- More explanation on the below Chart itself
#Intellect Design will hold BO or not !Stock has given strong BO with massive volume spike forming round bottom pattern, follow chart for proper entry and exit levels.
#IntellectDesign#IntellectDesign good breakout after 27 week's consolidation. CMP 531 seems ready for good upside. Can be added on every dip for 30% upside from here.
INTELLECT BREAKOUTIntellect giving breakout on hourly chart on falling trendline breaking out a triangle pattern too looking consolidation is over now for some retracement so we can go long in this stock for the target of 477 and if break 477 and sustain above so we can hold for the second target of 498 too stop must be close below from falling trendline.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
INTELLECTINTELLECT:- Head and shoulder pattern has formed, wait for breakout, till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
24th April 2023 || 9 Stock Trade Ideas for Swing Trading Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Ideas 24th April, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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Corrective Phase about to completeThe structure indicating that the scrip in last leg of corrective phase - wave 2
Crossing Swing highs would make a valid Inverted Head & Shoulder Pattern - as the move in head was a clean 5 wave structure. A probable Trend reversal on long term chart.
We would be looking to have a starting position on green closing (daily TF) and add as and when the swing high breaks.
Invalidation point for our trade would be 393
Intellect Design This Stock has done a golden ratio correction of the rise from Covid bottom & we have seen a 5 Wave rise from lows.
The rise from covid lows to highs was a clear impluse & correction was in 7 Swings which makes it a ideal Wave 2 ending exact at 61.8% levels so if the stock is starting Wave 3 we might see this stock do a 5x.
I am not a SEBI Registered analyst chart shared for education purpose.
Falling wedge pattern breakout in INTELLECTINTELLECT
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of Above 674+.
INTELLECT BULLISHBUY Intellect closing 461.6 with stoploss 420 then targets are 500-550-600-700.
Buying Reason.
1 --> Price made the ragne and wait for breakout.
2 --> RSI is ready cross 60.
3 --> ADX is show the Bullish move +DMI is bullish.
4 --> Bounce from the Demand Zone.
INTELLECT INTELLECT is taking rejection from resistance. It's next destination could be on marked support.
Only for educational and knowledge porpose, no suggestions foe trade
INTELLECTBuy intellect cmp-460 sl-442 tgt-500.becouse last 3 month consilidate ...this is all idea for educational perpose
Intellect designIntellect design is in a downtrend and has given another breakdown closing after a long consolidation, if it start sustaining below PDL, we may see further downside target here.
Intellect Design for Next Few DaysNSE:INTELLECT
Analysis after 9th dec 2022 closing
Wave Count - Last leg for C wave is remaining.
Berish Revered Divergence - which indicates buyers exhausted.
Weekly TF - Last week closing was formed bearish engulf candle for Weekly TF.
What if Analysis,
Next T. Day if Huge GAP UP wait for to break 420 Rs support for confirm Entry.
Target
~334 rs
Long-INTELLECT DESIGNBreakout with build-up trade.
Long INTELLECT DESIGN & Current stop loss is 600.
Exit when it closes below previous market structure.
Can look as a reversal play but keep tight stop loss04.11.2022- made a bullish engulfing on volume, followed it up today with volume, but would have preferred a better candle. 400 is a support zone since 0.382 levels are there .Concern is obviously the negative price action and has it made a H & S, the only issue being the right shoulder should have been taller. Majority of the volume play on daily is at 420 levels. Above 450 can stagger in.Full position only post 520 levels
Buy Limit 528/- Set as confirm breakout pattern occurred Excellent Breakout Pattern ! Expecting a failure of this pattern and buy limit set @ 528/-
INTELLECT DESIGN ARINA CHART ANALYSISintellect chart is rang bound , big support at 560 if goes up side then it will go at 700
Intellect Design - 1:20 RRIntellect Design - 1:20 RR - Can target 1000
Superp and multiple support at 580 levels.
Educational Price Action Analysis - Monthly Chart - IntellectMonthly 20 EMA is 621
Price is around Monthly EMA
There was monthly divergence in RSI in last few months which triggered sale off, now that phase is over..
RSI Now ~ 50
Now it should take support here and if price closes above monthly EMA then it can give a pull back
