This is weekly chart of ATUL on NSE (INDIA) which looks an excellent investment idea based on following observation: 1. It is up trending scrip which is quite obvious by looking at chart. CMP is 3304.65) 2. Two trendlines have been drawn which have been tested many a times exhibiting multiple supports (shown by arrows) 3. Dividend has been paid in July 2018 (Rs...
BTST IN INFY SEPTEMBER FUTURES DOUBLE BOTTOM BREAKOUT CALLED PLAYED-OUT PULLBACK PLAYED-OUT NEW HIGH TAKEN-OUT A CLASSIC UPTREND CHART BUY@1440 STOP@1429.5 TARGET@1455 LOT:600 QTY:2
Here the stock bounced back twice from upward support channel. This seems like a good indication that it is firmly heading upwards. Let's wait and watch.
It is been observed on weekly chart that the price action firstly trending under a downward trendline and then breaks out of the trendline with good volumes. Now, it breaks the resistance level of 89 and now trending up in a channel and it shall reach to 95 levels. Target: 94.50 Stoploss: 84