We have this Source Demand formed @ Rs. 6381.45 in Quarterly and we also have a Strong Supply formed @ Rs. 7750.00. Price has to come into the Demand hence it needs to travel downward, after reaching the Source Demand "if the source demand has the power to reverse the Trend till opposite fresh Supply price will first show a buying momentum building in the...
company is working in life science and other chemicals. The stock has been on a downtrend and is in accumulation phase and can give breakout above 200Wema.
NSE:ATUL has been continue sustained above 6800. As per my analysis, it is the best level to take positional buy entry for big profit. Entry level is 6800 with stop loss of 6498 (-302 risk). My expected upside target will be 6928 (+128) & 7500 (+700) Note: This is my personal analysis, only to learn stock market behavior. Thanks.