ATL (D) - Signals Bullish Reversal with Powerful BreakoutAllcargo Terminals has demonstrated a significant bullish development, suggesting its long-term downtrend may be reversing. Today, the stock decisively broke out of a key horizontal resistance trendline , a move confirmed by an impressive +9.61% price surge on the back of massive trading volume.
This breakout is the latest in a series of positive signs since May 2025, including the consistent formation of Higher Lows , which indicated a potential shift in market structure after the downtrend from January 2024.
Broad-Based Bullish Confirmation 👍
The positive outlook is strongly supported across multiple indicators and timeframes:
- Volume Thrust: The breakout was accompanied by exceptionally high volume , signaling strong conviction from buyers.
- Daily & Weekly Momentum: Both the short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) are exhibiting bullish crossovers on both the daily and weekly charts, indicating synchronized positive momentum.
Outlook and Key Levels
Following a strong breakout, a common technical development is a retest of the former resistance level as new support . The price action in the coming days will be crucial for confirming the breakout's validity.
- Bullish Case 📈: If the momentum is sustained and the breakout level holds, the stock could proceed towards the next resistance target near ₹42 .
- Bearish Case 📉: However, if the stock fails to hold the breakout and momentum wanes, it could pull back towards the support level of ₹27 .
ATL trade ideas
Allcargo Terminals LtdDate 16.09.2024
Allcargo Terminals Ltd
Timeframe : Day chart
Note*
CO SAYS VOLUMES IN AUG 2024 WAS 53.6’000 TEUS
CO SAYS AUG 2024 VOLUMES HIGHER THAN AVERAGE VOLUME
TEU is stands for "twenty-foot equivalent unit.
This is unit of volume used to measure the capacity of containers.
Allcargo Terminals :
P/E = 25.60
ROCE = 12.34%
OPM = 15.95%
Profit growth = -7.68%
Sales growth = 3.46%
Sales Qtr Rs.Cr = Rs 189.64/-
PAT 12M Rs.Cr = 44.43/-
Qtr Sales Var = 4.95%
EPS 12M = Rs 1.82/-
Regards,
Ankur
All Cargo Terminals LTD 51.20, ATL - Stock to buy Stock is trading around its support level. if company gives good quarter one results we might see stock move upside.
its good buying opportunity. one can make 10 to 15 % profit in short period.
i prefer you buy on long term perspective for better return.
ATL / Allcargo Terminals Ltd - 6 Weeks tight consolidation breakATL
1) Time Frame - Weekly.
2) 6 Weeks tight consolidation breakout from Its IPO base in weekly with huge bullish candle and volume.
3) As per the Cup with handle pattern breakout Its Next resistance / Target would be around the price (86 - 24% from the close).
4) Recommendation - Strong Buy
Allcargo Terminals Limited: Right stock at the right time
Allcargo Terminals Limited does a major breakout from downward sloping channel. Poised for a long upward journey. Stay Invested.
Disclaimer: I am invested since a long for a longer period time frame.
Allcargo Terminals Limited (ATL) presents a potentially interesting opportunity for investors looking at the Indian logistics sector. While it's important to disclaimer that any investment decision should be based on your own research and risk tolerance, here's a look at ATL's future prospects from a share market perspective:
Positive factors:
Strong Growth : ATL boasts impressive historical growth, with earnings and revenue increasing at an average annual rate of 66.9% and 73.5%, respectively. This significantly outpaces the infrastructure industry average of 11.1% earnings growth.
Expansion Plans : The company has ambitious expansion plans, including investments in new facilities and geographic locations. This, coupled with the government's focus on infrastructure development, could fuel further growth.
Diversification : ATL's demerger has resulted in two separate entities, each focused on specific areas within the logistics sector. This diversification could mitigate risk and provide exposure to different growth drivers.
Financial Performance : The company has a healthy return on equity (20.6%) and net margins (6.4%). This indicates efficient operations and strong profitability.
Management Expertise : ATL is led by a seasoned management team with experience in the logistics industry. This could provide strategic direction and operational excellence.
Potential Challenges:
Competition : The Indian logistics sector is highly competitive, with established players and new entrants vying for market share. ATL will need to maintain its competitive edge to sustain growth.
Economic Headwinds : Global macroeconomic factors and potential economic slowdowns could impact trade volumes and affect ATL's business.
Regulation : Changes in government regulations or policy could disrupt the logistics sector and impact ATL's operations.
Valuation : ATL's stock price has risen significantly in recent months, raising concerns about potential overvaluation. Investors should carefully consider the company's future growth prospects and risk factors before making investment decisions.
Overall:
Allcargo Terminals Limited presents a compelling investment case with its strong growth record, ambitious expansion plans, and experienced management. However, investors should remain cautious of potential challenges like competition, economic headwinds, and valuation concerns. Conducting thorough research and due diligence is crucial before investing in any company, including ATL.