Ishan

Atul Auto (Technical Short; though a long term buy)

Short
Ishan Updated   
NSE:ATULAUTO   ATUL AUTO LTD
Atul Auto (Daily) had been trading in a rising channel pattern. However a breakdown of the pattern has happened in February. We witnessed a test of support around 230 which has also been broken as of today. Whether it regains ground remains to be seen. Further suport levels are at 215 & 200
Comment:
215 support broken. Heading towards 200
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