Clean setup, Good returnsExtremely clean setup, Breaking the rectangular pattern. Atul Auto went highly bullish , 55% up after braking the consolidation range.
This one I hold in my portfolio. Only regret I have is why didnt I add more.
Gap is perfect, Weekly resistance level broke with good volume , Breakout came with good volume . Sustaining the breakout with volume , Broke 200 DMA weekly with a gap. What more do you need for entry in this? Accumulation should start for targets of 335, 375, 410 levels.
