ATUL LTD
Long
Updated

AUTOMAKER ABOVE NECKLINE NOW.

While all the auto stocks were moving, ATUL remained silent. Finally it is ready to move now. Trendline breakout strongly done, re-test complete and now heading for inverted H&S breakout. Once it breaks out, 7000+ levels will be there soon. One can expect some strong sales data as a trigger at the beginning of next month.
Note
CORRECTION REQUIRED.
This is Chemical company, Auto maker is Atul Auto which is up by 13% today itself. Well, we stick to technical analysis and technicals for Atul Ltd are looking good. Atul Ltd. is also up by 2% today. Ignore the first line of description above.
Trade closed: target reached
7000 is here!!!
10% move done.

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