✅The stock has been forming a series of higher lows and has tested the 1200 resistance level multiple times over the past few months. With strong support at 800 and a bullish cup-and-handle pattern, it is likely to break out and rally if it sustains above the 1100 level.
✅Intellect Design Arena has reported a consistent growth in revenue, with a notable increase of 15% in the latest quarter. The company is a leader in the digital transformation space, recently securing a major deal with a global bank to implement its digital banking platform, boosting investor confidence.