After 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...
Introduction:
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...
Intense Technologies:After 15% correction from the high of 85 to 75 has given a 52 week break out. Sustained volume surge and 10DEMA Golden cross over, rounding bottom in daily chart indicates the possibility to test 97-100+
(For educational purpose only)
BUY - INTENSE TECHNOLOGIES
CMP - Rs. 87
Target - 1: Rs. 117
Target - 2: Rs. 138
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Timeframe - 4 months - 8 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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📈 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.
THIS CHART IS ONLY FOR EDUCATIONAL PURPOSE
It can reach 120 easily in no time and if by any chance it breaks 120 and sustains there then sky is the limit
Taking support at-60
If breaks the trend line it may be a multibagger with 240% as I calculate.
Below huge volume can be seen. Means some huge money is behind it.
Entry: 78
Target: 284
Stoploss: 59( candle close below)
Ideal entry here. One could enter on Friday while market closing. But price is good here. Can take entry on Tuesday.
According to chart anylasis and fundamental analysis.
Note: this stock or ratio below 10 this is under valued stock
Buy @cmp or 75 above
Target. : 80, 100, 125++ this is short term target.
