Ascending triangle pattern around ATHKeep this stock on radar in coming few days - can give a good breakout above ATH level
ATUL trade ideas
Double Bottom, Swing Trade, ATULThe stock is on an uptrend and had correction for sometime and now back to original trend by forming a reversal pattern on daily chart. Breaking the neckline and closing above that may be the time for entry.
stop loss can be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only.
Triangle Break out in ATULShort term triangle breakout in ATUL AUTO. Taken support in the previous resistance zone. Risk takers can initiate Long at CMP 6480 with SL 6310. Or You can initiate a long position when it cross previous high at 6700. Potential price movement till 7000.
ATUL : CMP 64411. Very strong chart
2. Continuation pattern
3. Completed ABC correction ( WAVE )
4. BBB
5.Do your won study
ATUL - WeeklyI can see the targets of 7K and then it might correct for some time. This is purely based on the channel
Volume and Price action on Atul.Volume is high but price is down on daily chart, But if we see in 15 minutes chart, The huge volume came at end of the session and with price rise.
ATUL LTD - Daily Chart1. Chemical sector in focus from long now
2. ATUL has been proved a consistent compounder
3. The pullback has taken support near 21EMA
4. Very tight consolidation range
Note:- This pattern can go any side (up or down) but looking at the candle formation and 21EMA support I can take some risk and go LONG.
