PULLBACK TRADE IDEA
Buy INTELLECT around 760-765 levels
SL: 749 (Closing Basis)
Add more above 810 - Pyramiding (Increasing Position Size)
Targets..900..980++
Note:
805-810 is the support level which is currently broken by the stock. This level will now act as resistance, stock will boom further up if it crosses this level decisively
This is not an investment pick. Stock may correct more, if it doesn't hold the levels mentioned on the chart.
Buy INTELLECT around 760-765 levels
SL: 749 (Closing Basis)
Add more above 810 - Pyramiding (Increasing Position Size)
Targets..900..980++
Note:
805-810 is the support level which is currently broken by the stock. This level will now act as resistance, stock will boom further up if it crosses this level decisively
This is not an investment pick. Stock may correct more, if it doesn't hold the levels mentioned on the chart.