cup and handle pattern formationAtul Industries
Time Frame:1D
Cup and Handle Formation
CMP@9268
Bullish
Targets 9870/10175/10840/12100
ATUL trade ideas
rising wedgeIt is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows.
It forms higher highs and higher lows and consolidates between resistance and support lines.
Support line climbs at greater angle and It suggest that higher lows are forming at greater rate than higher highs
It Breaks the support and price starts falling down.
#ATULATUL
Long term Chart
BO Expected only above 11,000
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
ATUL... CORRECTION AWAITSDon't you think the stock price had rallied too much? Expecting at least 800 points fall in this script.
Target Achieved in Atul!🤩💸🔥🔥🔥18% in 10 days🔥🔥
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE 😄😄😄
Atul ready for the uptrend!🤩💸🔥Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best Quarterly result and will very likely post similar results in Q3 too.
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The stock has been forming a Rounding Bottom for some weeks. Now, with the W pattern Reversal with Huge Volume, this bottom formation seems to come to an end & we can expect a strong rally from this level.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY of stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
Atul running under U shape Atul stock going under U shape recovery mode.. near to ATH ..however need support from Q3 numbers
12K target visible now !
Atul LtdStock came out of congestion
retest the same and again started the upmove
W in the making
Perfect setup
Consolidation in correction, higher high formationConsolidation in correction, higher high formation,
ATH first target, supporting volume
ATUL LIMITED ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH ATUL LIMITED LTD with target of RS 9500 CMP IS RS 9301.90
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 8950
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Reversal Pattern SpottedInverse Head and Shoulder pattern spotted on 1 hr time farme. Levels are on chart. Post is for analysis purpose only.
ATUL All levels marked on chart
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
Very tight congestion in AtulVery tight congestion in Atul
Detailed analysis given on the chart
NSE:ATUL
All time high with AtulBuy Atul with 920.
Ride a trend until it closes to nearest market structure low and previous weekly candle low.
