ATUL is forming a base at prior congestion support area, with rsi divergence and a good RR for longs
Stock looks good at the current levels for swing action. Good volume and price action seen. Check chart for target.
Atul Ltd is undergoing a distribution is what I analyse. Please share your views
On the weekly chart it has completed the wave 5 retracement and looking to start new move . Changing the direction towards upmove. Target of 7400 in next 35 days /
ATUL CLOSING 6953.8 with stoploss 7025 then targets are 6650-6200-5700. Selling Reason. 1 --> Price action create the weak move and close below support. 2 --> #RSI is below 40. 3 --> ADX is show the #Bearish move and -DMI is rise. 4 --> #Volume is not rise and selling volume is also rise. 5 --> #Bollinger Band are open in Negative Side.
This is good level for buying See and study and buy ok
ATUL in triangle pattern can touch 9090 in coming days.
ATUL Ltd Cmp 8444 dated 3-11-2022 1. Pennant Pattern on chart 2. RSI Reversal Buy above 8460 for target 8550-8730-8810-8930 SL 8300 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be...
CMP: 9611 - Cup & Handle pattern breakout - Good Volume at breakout
Cup & Handle Formation signs: 1. Volume dry-ups near the lows of the price pattern. 2. Big volume spike on reversal of price pattern. 3. Volume dry-up on the price pull-backs. 4. Improving Relative strength. 5. Tight areas in price pattern under accumulation. 6. Trading above 200 MA How to trade it? 1. Watch out for Volume percent change on pivot breakout. 2. The...
atul is breackout in pennant pattern in up side you can buy now
Cup and handle formed in ATUL Can go long after break out NSE:ATUL
ATUL- Bulls Counter attack , upward trend as long as it sustains above 8485 on closing basis. Potential targets 8937 and 9504
Atul limited given a breakout on falling resistance and seems a big jump in volumes so it can be called a breakout on volume indicator, and breakout with volumes on falling trendline too. And it breaks the upper band of Bollinger indicator that's why i took only upper band of Bollinger bands indicator.. Cause of Long-: 1- Falling trendline resistance...
ATUL | Channel Breakout - Looks potential for 15% CMP : 8727 SL : 8220 Target : 9800 1:3 risk reward setup
Rounding bottom breakout on Daily chart Positional buy Target- 10000