ATUL AUTO LONGReasons for buying:
-RSI above 60
-MACD crossover
-Huge Buying Volumes in the past 5 trading sessions
ATULAUTO trade ideas
AtulAutoAll scripts posted here are only for study purpose do your analysis before taking any positions
Atul Auto Limited - Value Investing1. Could sense a change in the sentiment with this stock
2. Long Term Down trend has been broken.
3. Companies financials look stronger.
4. Good momentum in evident.
5. Price to Book is 1.45
A good strategy to gain out of this stock would be long term investing.
1. Buy the dips.
2. Wait for 3 - 5 years.
Happy Investing :)
Bullish on Atul AutoThe Stock was in downtrend since many years, now it is showing signs of accumulation. Uptrend might start soon.
ATUL AUTOThis has been laggard from quite sometime. All the negative news is discounted so lower side is limited. May take a speculative position for 2 quarter
atul auto look goods in charts due to forming higher lows and higher tops and if it crosess 205 it may reach upto 250 and 300 very easyily stop loss will be 168
Risky tradeAtul Auto consolidating in a box since last year's fall and has not moved at all. Looking at volumes there are chances of this moving to 300-400 levels. This is a risky trade so please act accordingly and keep positions small.
ATULAUTOChart Looks good abv 205 , Sl 174 Tgt 249 & abv
Cup & Handle with Triangle Bo
Abv Chart is For Study Purpose only
Go long Atul Auto Limited is a manufacturer of three-wheeled commercial vehicles in the state of Gujarat. The Company is a three-wheeler manufacturer of auto rickshaws, pick-up vans and chassis of passenger vehicles.
ATUL AUTO BUY BUY ATUL AUTO AS PER THE RED LINE AS STOP LOSS.
ON HARMONIC SUPPORT. GOOD RISK TO REWARD RATION
ATULAUTO : Keep in WatchlistATUL AUTO is at an important point with confluence of multi-year trendline and longterm resistance.
atul auto this stock is facing consolidation since long time
after crossing levels of 190 good targets may achieved upto 230
ATULAUTO - ASC TRIANGLE & CNH - VOL5DATULAUTO - ASC TRIANGLE & CNH - VOL5D
12 JAN 2021 - CMP -193.05
Buy ONLY if sustains above 200
SL 165
TGT 250 & +
