Atul Auto Ltd._Long_Daily_Swing_19.11.2017_Can you swim against the tide
Quality - Average
Valuation - Fair
Financial Trend - Negative
Delivery Percentage - High
DII holdings have increased by 1.03% in Sep 17
Entry - 439.63
Target - Target 1:469
Stop Loss - 421.76
Scrip at Rs 466 has fully bottomed out and has given a volume and price breakout from the top resistance line for last 2 weeks.
With the 3 wheeler auto industry now improving, fundamentally this debt free company is poised to rise substantially.
Buy with a stoploss of Rs 447 ~ 433.