INTELLECT trade ideas
INTELLECT DESIGN ARENA S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Intellect Design ArenaIntellect Design Arena has allotted 89,013 equity shares under ESOP. The paid-up share capital of the Company accordingly increases from Rs. 690,454,895/- divided into 138,090,979 equity shares of Rs. 5/- each to Rs. 690,899,960/- divided into 138,179,992 equity shares of Rs. 5/- each.
SWING IDEA - INTELLECT DESIGN ARENA Intellect Design Arena , a leading financial technology company, presents a potential swing trading opportunity based on several technical indicators.
Reasons are listed below:
Breakthrough and Retest of Resistance Zone (850-880) : The 850-880 range was a significant resistance zone. The price has broken through this level and is now retesting it, indicating a potential continuation of the upward trend.
Bullish Hammer on Weekly Timeframe : The recent formation of a bullish hammer candle on the weekly chart suggests a potential reversal from the downtrend, indicating strong buying pressure at lower levels.
0.382 Fibonacci Support : The price is finding support at the 0.382 Fibonacci retracement level, a key support zone that suggests the potential for a bounce and continuation of the uptrend.
50 EMA Support on Weekly Timeframe : The stock is trading around the 50-week exponential moving average, providing strong support and indicating a positive long-term trend.
Higher Highs Formation : The stock has been consistently making higher highs, indicating a sustained uptrend and ongoing bullish sentiment.
Gradual Increase in Volumes : There is a noticeable gradual increase in trading volumes, which often confirms the strength of the price move and indicates growing investor interest.
Target - 1100 // 1200
Stoploss - weekly close below 835
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@visionary.growth.insights
Intellect Design Arena Ltd Look Stong Above 955 Intellect Design Arena Ltd Look Stong Above 955
Buy Above 955
Stop Loss 840
Target Near 1100
Holding 2-3 Month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
A PERFECT SETUP Script name: Intellect design Ltd.
Cmp 678
Add more if comes around 640-650
TGT 1000+
Sl below 550 ( Jarurat nhe padege vaise to - Pher b le lo )
Some promising point to look at :
- P/E ratio of 34 w.r.t. industry P/E ratio of 55
- Debt to equity ratio of 0.01
- Revenue n profit increasing quarterly
- FII increasing stake quarterly
- Decreasing Public holdings
Note : It's my personal view not any personal recommendation for the buying or selling the mentioned stock.. it's just for educational purpose and chart learning..
Any questions do dm me please
Intellect Design ArenaCompany works globally in the fields of Financial Technology for Banking, Insurance and other Financial Services.
The company has a comprehensive portfolio of products across Global Consumer Banking, Central Banking, Risk & Treasury Management, Global Transaction Banking and Insurance and is also engaged in the business of software development.
SUGGESTED FOR LONG TERM - WITH SL MENTIONED IN CHART
FOR SHORT TERM T1 , T2 only
Market Cap
₹ 6,388 Cr.
Stock P/E
20.6
Book Value
₹ 136
Dividend Yield
0.53 %
ROCE
24.8 %
ROE
21.3 %
Promoter holding
30.7 %
EPS last year
₹ 25.9
EPS latest quarter
₹ 3.38
Debt
₹ 18.6 Cr.
Pledged percentage
0.00 %
Net CF
₹ 1.44 Cr.
Price to Cash Flow
14.1
Free Cash Flow
₹ 334 Cr.
Debt to equity
0.01
OPM last year
25.3 %
OPM 5Year
15.4 %
Reserves
₹ 1,769 Cr.
Price to book value
3.44
Int Coverage
98.7
PEG Ratio
0.32
Intellect Design Looking back towards golden days.Intellect Design CMP: 531.35
Intellect Design is one of the most comprehensive contextual open finance platform for all corporate banking & consumer banking requirements. It is a Polaris group company which is a world leader in FinTech solutions. The company works on SaaS (Software as a service) products such as virtual accounts, payment solutions, lending solutions, wealth solutions and many more. CMP of Intellect Design is 531.35.
Negative aspects of the company are FIIs decreasing stake & promoters holding decreasing. Positive aspects of the company are improving annual net profits, low debt, improving cash from operations annual, zero promoter pledge & MFs are increasing stake.
Entry can be taken in the stock after closing above 537. Targets will be 574 and 619. Long term targets will be 646 and 700+. Stop loss in the counter should be maintained at 441.
Wow, look at the volume, going to be huge. Intellect Design.Hello Friends,
Bringing in another trade idea for your reference. Please do analyse before investing.
Intellect Design
Financials :
Previous EPS Revenue
Mar 2023 EPS beat by 25.05% Beat 7.05%
Look at the volume, many fold higher than the average volume. Something is cooking.
I would buy now and add on dips back at the resistance-turned support.