Atul is one of the major stock of chemical sector which has been correcting since past many months. We have seen a reversal in chemical stocks and similar reversal pattern is visible in Atul as well. A clear flag breakout in weekly TF is visible. Confirmation is above 7600 Stock can even touch ATH if the rally continues for an year. Keep this in watchlist.
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Disappointing end to an amazing breakout:( Chemical sector has underperformed even after a breakout. Can be in watchlist for reentry in future. 6000-6200 is a strong demand zone