ATULAUTO trade ideas
Atul Auto Ltd (ATULAUTO | 531795 | INE951D01028) Take a Bet..!!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 May Cross 50 Day Moving Average.
Upside Reward of 50 points from CMP of 585 till target 635. (Short term 45 days)
Further It can show up move till level of 690 and so on. (60 to 90 days)
Downside Risk of 53 points.
Price is shifting Upward.Simple price action, good volumes seen ,
Keep risk managed and rest is Reward.
All the best.
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Triangle Pattern Breakout (Weekly TF) - ATULAUTOPlease 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.
ATULAUTO LONG ENTRYWith 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.
Hey everyone! I have some exciting news to share with you all! 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 #TechnicalAnalysis
Atul Auto now has an Electric Moto...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 low debt, improving quarterly net profit, improving annual net profit, zero promoter pledge and FIIs are increasing stake. Entry in the stock can be taken after closing above 291. The target will be 301 and 311. Long term target in the stock will be 330. Stop Loss should be maintained at a closing below 260.