Technical Trade - Atul has been consolidating above 50DMA. Price is around the 61.8 retracement level. Down days are on extremely low volume and up days are on higher volume. Price is contracting. I will be buying above 4745. This stock has great fundamentals.
Atul ltd looks strong bearish due to price and RSI making a negative divergence. Another reason is supply and demand. Both technical and fundamental reason is too weak to support this.