Price is trading within a channel Breakout on either side will decide its journey up or down On a daily time frame price has taken resistance from a trendline.
as per channel pattern atul has given channel break out volume also there with MACD positive cross over
Atul CMP 10338.65 looks like completing the U formation. Crossing 10971 Target for now will be a fresh Breakout. Look at the perfect U it is forming.
Atul was initially given at 7000 for the target of 9K+. Further at 9K it was given for the target of 10K+ which were done and dusted. Again Atul is looking good for Fresh Entry / Averaging / Compounding at CMP 8962. It has made a sort of double bottom and is looking good for the targets of : 9968 and 10971. Stop Loss: 7500 for trading. Otherwise it is a long...
Atul Forming W Pattern Purely based on Price Action Should wait to break the neckline Target are the Blue lines
1. Bounce from trendline 2. bounce from 200 EMA T's and SL as mentioned on chart
Considering RSI divergence, expecting a change in polarity. End of bearish move post double bottomish pattern! 13 or 20% up move can be witnessed. Plan your trade. Trend line and probable levels marked on the chart.
It took support at 200 EMA and bounced upward. Broken the trendline resistance. Buy - SL - Tgt's as given on the chart. Please Correlate yourself also on charts. This is for educational and paper trading purpose only. Must consult your financial advisor before investing.
Atul has reached on a good trendline support Rsi and macd also favours the long position. Long @ 8700 SL @ 8600 TGT 15% minimum
#ATUL VCP breakout pivot point identified as 7000. Entry can be taken above this level. Stop should be kept at 6600 (-6%). Let's see when we have to book profit if #ATUL breaks out. Atul is in the business of Life Science Chemicals and Performance and Other Chemicals and caters to the needs of varied industries across the world such as Adhesives, Agriculture,...
Buy atul at current value will touch 8000 or will give 25 % in return.
BUY CALL FOR ATUL LTD NSE:ATUL AT CMP TARGET Profit 10% ...for short term
Bought once at cross line breakout , waiting to add at resistance breakout Very favourable risk reward
Atul - After a long consolidation, now ready to take off to 5040 and above. Accumulation can be done till 4650. Break out of a TL.