Intellect Design Arena Limited is currently trading at Rs. 225.80 per share. On the weekly scale, the stock has given a bounce from the edge of the rising trendline support formed by joining lows from August 11, 2017. Considering the daily time frame, on Monday the stock has formed a Hammer candlestick pattern followed by the sizeable bullish candle on Tuesday which predicts bulls are taking control near the support zone.