Possible Breakout candidate on daily charts. Can look for 700+ if broken
while publishing this idea with a current price of 585 we can see a continuous up n down movement within a range of 533 at lower side and 635 at upper side, it will be a pre attempt if one will invest at current price and average till lower range of 545 to 540 and remain invested with Stop Loss of 532 for a Lucrative Target for 635, 690 and so on..!! Atul Auto...
buy for long term, with SL at 150 at closing basis. Target as per emotion
Simple price action, good volumes seen , Keep risk managed and rest is Reward. All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
Some long can be played out to the top of the channel. Track it.
Stock is trading in a ascending channel pattern strong uptrend seen on chart trade above immediate resistance level
ATUL Auto on the daily is forming a symmetrical triangle pattern. My view is that if we were to break upsdie, immediate target would be 635 and second target would be 675. One can go long with a Stop Loss below 590 on the DCB.
Strong breakout of resistance area Now price resting on resistance level Other stocks in this sector are also performing well Took 40% position Will add more as it unfolds This is a short term - Medium term bet
swing pattern , ace investors adding stake . lets see
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis) Please consider these ideas for educational purposes.
Reason for short a) Super trend negative b) consolidation breakdown c) QQE and renko short d) channel breakdown SL compulsory
Reason for short a) weekly breakdown b) vix high c) volume and price down
starting to move after a pullback in its higher high higher low pattern, good location to add for an upswing
Reason for long a) mr.14 set up b) volume and price spurt c) Channel play SL compulsory
With price above both 50 and 200 SMA, positive trend is clearly visible and high volume showing the conviction at the same level of price for next move up. Price is at just the support level at the trade entry price. Disclaimer: My ideas are not for recommendation purpose. I am just sharing my idea to share with community.
has been showing some positive signs recently, with increasing buying volume and bullish chart patterns forming. SUPPORT LEVEL could be a confirmation of the stock's bullish momentum and a signal for further upside potential. Traders and investors who have been watching this stock closely may want to consider taking action based on this SUPPORT. #StockAnalysis...
Target will be 400 🎯 Note : This is just for Backtesting and Educational Purpose Only.
Atul Auto has created a niche market for themselves over 30years. Atul has emerged as the only player with complete range of 3wheeler products across the fuel range – Diesel, Petrol, CNG, LPG and now venturing into Electric. Company turnover has grown by three folds. CMP – 282.15. Negatives of the company is decreasing net cash flow. Positives of the company are...