NSE:INTELLECT Intellect Design Arena Ltd LONG trade . Reason to go long : 1 . Taken Fib support of 61.8% 2. 2 Bullish Marubozu bullish candles . 3. Emerging IT player 4. String YoY results 5. Bounce Back on the Volume profile level ( Demand Zone )
SL was missed by just 70 paise and gave a reversal from the same level . Target 1 and Target 2 both achieved after a long wait of 140 days ( honestly it took longer than expected ) . Now all can Exit the trade as both the targets have been met .