ATULAUTO trade ideas
LONG TERM INVETSMENT : ATUL AUTOLook for good return with expected target to even 300 levels and other all mentioned in chart itself.
Wyckoff accumulation :::: seems finally demand coming up.Not a trading or investing recommendation.
Details in the chart
ATUL AUTO: Bullish "ABCD" & CUP PatternDetailed including Levels Plotted & Mentioned on Chart.
Reward Risk Ratio > 2.5
ATULAUTOThe market has been consolidating for a while now and showing strength to the upside. Weekly is bullish and forming triangle. There is support at 400 levels. Bought three portions with stop at 420 and looking to target 460, 480 and hold the rest with trailing stop if the stock starts trending further.
Buy - Medium Term16-01-18: Medium Term
Triangle Breakout:
Buy 450-460, SL 435 (CB)
T1 - 500, T2 - 560, T3 615
Expecting a turnaround.....
Disclaimer:
This is completely for educational purpose and non-advisory and non-directional
Atul Auto Ltd_LongDaily_19.11.2017_Can you swim against the tideAtul 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
At Support Line Atul Auto has taken support multiple times at this level. Could be good entry point ... with less risk.
Atul Auto can it again make it big??CMP 418; stock after making recent bottom is gearing up for a decent upmve towards 450/480 lvls. Stop for this trade can be placed at 398
ATULAUTO- investment ideacurrent level looks weak demand zone .
So waiting for downtrendline break or test of 320 level.
buy near 320 level with sl 275..
ATUL AUTO LTDstock is fundamentally stong and all moving averages and fundamentals are favorable to push stock on upside
ATUL Auto Long for Day trade I'm looking to enter after small retrace Near 469.75 with stop of 466 for Target of 475/477/480
Cheers
This information is only for Educational
Good Time To Enter..Given Break out from triangle..
Very good time to enter as R:R very good at this level..
Target1-518
Target2-560
stop loss -as per your risk appetite..
