Bullish Pennant Setup 📌Bullish Pennant Setup
✅Must add to your watchlist
ATULAUTO
+ Reliable continuation pattern
+ Trading around ATH
+ Dried up volume during halt
+ Trading above Key EMAs
ATULAUTO trade ideas
Atul Auto Long Atula auto sales have increased in last couple of movements. in a bigger picture it is forming a Cup pattern.
It had a gap on March 3 which needs to filled and marked the demand zone which is crucial.
Only for educational purpose
ATULAUTO - Long Setup, Move is ON..NSE:ATULAUTO
✅ #ATULAUTO trading above Resistance of 582
✅ Next Resistance is at 721
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Atul Auto LtdAtul Auto Ltd
Monthly Rsi above 55
momentum debt free stock.
Profit growth 90.4 %
Sales growth 19.5 %
Piotroski score 6.00
this is debt free momentum stock
pls like share follow and boost for more ideas.
Atul Auto - Long Setup, Move is ON...#ATULAUTO trading above Resistance of 419
Next Resistance is at 490
Support is at 347
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Vijay Kedia increases stake in Atul Auto.Market Cap : 881 Cr
Atul Auto manufactures and sales Auto Rickshaws in domestic and overseas market. Atul's diesel engines are supplied by Greaves cotton whereas they makes their own engine for petrol and alternative fuel vehicles.
Capacity expansion
The company completed green field expansion taking the total capacity to 120,000 units on September 2021 at a cost of 150 cr. assembly line would be made operational in FY2022-23
Atul held 30% stake in Khusbu auto finance which was recently increased to 100%. The stake was valued at 64 Cr.
Atul Auto Analysis Stock has given BO on daily chart with good volume, follow chart for proper support and resistance levels.
A clear winner in race of autoAtul Auto is ready to conquer the blue sky again. First big resistence would be 475 and if it break it decicively then next taget would be 691-695.
Inverted Head & Shoulder Pattern📌Inverted Head & Shoulder Pattern
✅Keep in your watchlist
#ATULAUTO
+ INH&S Continuation pattern
+ Above Key EMAs
+ Bullish RSI
BREAKOUT, ATUL AUTO, 69% RETURNS!!!BUY - ATUL AUTO LTD
CMP - Rs. 380
Target - 1: Rs. 522
Target - 2: Rs. 640
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Timeframe - 9 months - 1 year
.
Technicals - Bullish Flag Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
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ATUL AUTOHi, in this chart i found a good demand level for long in ATUL AUTO stock...please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only i am posting...
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Atul AutoAtul Auto is on his way to achieving the target 478 / 509 🎯
Note : This is just for Backtesting and Educational Purpose Only.
ATUL AUTO BREAKOUT OF 5 YEAR - READY FOR BLASTAtul Auto
Auto Sector is looking bullish along with market sentiments
This Stock is looking great in Monthly and Weekly Charts with great Volume
Buy above 421 SL 400 TG 450 , 470 , 500
Atul autoThis news effect stock fundamental.
83% sale jump
(YoY
Total 3-wheeler sales up 83.9% at 7.67 lakh units vs 4.17 lakh units YoY)
watch out for Atul Auto reversal anytimeElliot wave corrective mode to get over soon.
Chart is self explanatory, only Elliot wave analysis and no indicators used.
This chart is for educational purpose.
Traders who use Elliott wave theory often look for the completion of wave c as a potential entry point for a trade in the direction of the larger trend. However, it's important to note that Elliott wave theory is just one tool among many for analyzing markets, and traders should use other technical and fundamental analysis methods to confirm their trading decisions.
Atul Auto- Multi Year Resistance brokenManufatures of 3 wheeler and their engines, a zero promoter pledge stock with a turn around history. Stock is near 52 week high with significant volume strokes . Recovery 5 from 52 week low is also so good. Now broken multi year trnd line . A cup and handle formation baked in the chart. Can cross 400 levels soon and 450 is not so far . Multibagger scope in long run
ATULAUTO - Ichimoku Bullish Breakout Stock Name - Atul Auto Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 383
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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ATUL Auto weekly chart!!!Stock is near multiyear year support turned resistence level. There is volume activity for the last few weeks too. Stock is coming out of accumulation zone and might head towards completing rounding bottom pattern.
IN Atul auto 7 year downtrend breakout on monthly chartNSE:ATULAUTO
FOR EDUCATIONAL PURPOSE ONLY,
7 year downtrend breakout on monthly chart
Atul auto long term trend line breakout on monthly chartAtul auto chart pattern looking bullish for long term.
All views are shared only as educational purposes
ATULAUTO - Ichimoku Bullish Breakout Stock Name - Atul Auto Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 314
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
