INTENTECH (Intense Technologies Ltd.)- AnalysisIs this stock good for long termholding ?
130 to 140 seem to be very important level, if come down around 93 to 85 will be a good entry point with small risk of 68
Safe entry point will be above 195
I'm unable to determine the targets for now, however as long as stock is above 140 we can consider it bullish and averaging level is around 90, do not forget to use proper risk management as per your comfort.
**Consider some points buffer in above levels
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INTENTECH trade ideas
Intense Technologies cmp 156.30 by Weekly Chart view since liste*Purely a review by the Technical Chart Setup Analysis basis Multiple Patterns*
*Intense Technologies cmp 156.30 by Weekly Chart view since been listed*
- Resistance Zone 164 to 175 Price Band
- Weekly Support at 132 > 102 > 76 with Resistance only at ATH 182
- *Multiple Technical Chart Setup Patterns of Long Timeframe Bullish Rounding Bottom inclusive of Head & Shoulder and Cup & Handle*
INTENTECH - Weekly Chart Analysis, CMP-125.35After breaking out of the downtrend it retested the resistance zone which acted as a support.
It seems coming out of the 1st base of 9weeks and 25% range and in confluence this is the 1st week which close above the highest monthly close that happened in 2017. The stock did not closed above this on monthly timeframe.
Volumes are good. It is sailing above all its key moving averages too.
96-110 shall act as good support now and a weekly close with a follow through will invalidate our views.
143 - 182 - 193 - 231 - 341 are the levels it can test over the long term if it manages to show strength and market conditions went well in the future.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Bullish Flag Pattern BO in Intense TechnologiesIntroduction:
Intense Technologies been positioned amongst AnyPrem CCM Software Leaders in 2022 Aspire CCM-CXM Leaderboard™.We have been positioned amongst AnyPrem Customer Communications Management (CCM) Software Leaders for Telecom, Insurance, Public Sector and Utilities verticals in the 2022 Aspire CCM-CXM Leaderboard™. Also, we are recognized as a ‘Leader’ in two other segments Vendor Hosted SAAS CCM and Communications Experience Platform (CXP) for the Utilities and Telecom verticals.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:INTENTECH The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 105-109 levels with the stoploss of Rs. 95 on Daily closing basis for the following targets 113.15, 117.25, 121.05, 125.15 and 129.60
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
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It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
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Bullish Pattern alert !!📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Support Level
📌 Symbol/Asset: INTENTECH
🔍 Description: Stock At Strong Support Level
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Intense Technologies Ltd Weekly chart analysisAn incising triangle pattern has been formed.
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The stock has broken its resistance zone.
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Our targets are mentioned on the chart with green lines.
and Stoploss is mentioned with red lines.
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If the price sustains its resistance zone the may it will achieve our targets.
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Note: Do your analysis before taking any action and take responsibility for your action.