Expecting a Bullish Momentum in INTELLECT

As per the 2 Hour Chart of INTELLECT, we have witnessed the Formations of a “Bullish Harami” Pattern backed by a confirmation candle.

Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 808.85, 828.30, and 846.70. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 766.90, on closing basis.
Closing Price (as on 02.05.22) : 788


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