Good breakout seen over the chart. Big move might be round the corner.
Atul Auto has taken support multiple times at this level. Could be good entry point ... with less risk.
Atul Auto Ltd: 396 is having a break down from the symmetrical triangle, next support 383 &366. Res:450
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
current level looks weak demand zone . So waiting for downtrendline break or test of 320 level. buy near 320 level with sl 275..
stock is fundamentally stong and all moving averages and fundamentals are favorable to push stock on upside
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
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..
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.
NSE:ATULAUTO Buy Range - Rs400 to Rs430 StopLoss - Rs365 Target 1 - Rs555 Target 2 - Rs652 Time- 6 Months