buy above breakoutlong term trend line breakout , shock has moved out of consolidation zone can now see upside in long lon
ATULAUTO trade ideas
Atul Auto Ltd ( Pole & Flag Break out)#Stock : #ATUL AUTO LTD
#Chart Time Frame: #Daily
#Structure : #Breakout on #Daily basis of #Pole and #Flag with Decent #Volumes
On #Daily Time Frame the Stock has given a Good #Breakout with decent #Volumes of #Pole & Flag Pattern which is a #Bullish Pattern
So stock looks good for long as per the levels mentioned below:
#CMP - 309.05 or BoD 290.00
#Target 1 - 330
#Target 2 - 366
#Target 3 - 401
#SL - 257
#Holding Time Frame - #Short to #Medium Term
All charts & studies posted here are only for #EDUCATIONAL PURPOSE
multi year breakoutdouble bottom formed in day and muti year formed as box breakout- atul auto if its rests our support line then it shoukb a good entry
#ATULAUTO CMP - 279.25 | Entry levels 265-70 | Breakout with good volume on daily chart | New 52 week high
Tracking for short term
*Not recommendation
ATUL AUTO POSITIOINAL LONG TRADE AS the auto sector is at ATH and this stock hasn't performed with the market and today we can see a breakout followed by a long consoilidation .
CMP- 184
SL-173
TARGETS- 200, 210
BUY Atul Auto at current levlAtul Auto breaking out, also govt relaasing tenders for EV , Atul Auto manufacturers EV passenger and cargo 3 Wheelers and will give very good returns in near to long term.
Levels on Chart
Broken wedge and Falling channel Stock has broken the wedge pattern and expected to reach the target given on the chart for long term.
Let's see...
Long Atul AutoThis stocklooking good on chart for swing entry.
This is my personal view and not reco.
Education purpose only.
Atul Autoafter a steep drop on March 20 it is consistently moving upwards. Fundamental also meets all criteria. Wait for the handle breakout zone, once it's broken out good to go for the trade.
This trade potential to grow to all-time high of pre-pandemic at target of 299
Atul Auto - A Great investment IdeaAtul Auto is a fundamentally a strong company with great investors on board.
Technically, the stock is showing positive divergences on the weekly time frames.
CMP is 192 and it seems it is already to touch 260 and 340 levels.
Any weekly closing above 340 levels will open the chances of it testing its all time highs
ATUL AUTO (WEEKLY)Breakout above 200 closing weekly. stoploss can be below near support at 180 levels on closing basis. potential targets 227/267/300
#ATULAUTO #ATUL #AUTO #MOTOR #BANKNIFTY #NIFTY #TRADING #IoT #IT#ATULAUTO
Atul Auto Ltd.
CMP: 189.10
Target: 229 / 260
SL: 173
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Atul Auto (Technical Short; though a long term buy)Atul Auto (Daily) had been trading in a rising channel pattern. However a breakdown of the pattern has happened in February. We witnessed a test of support around 230 which has also been broken as of today. Whether it regains ground remains to be seen. Further suport levels are at 215 & 200
Triangle Pattern FormationTriangle Pattern Formation in Atul Auto Ltd. Stock is about to break out . TGT1 : 475. Higher Tgt can be achieved following the triangular pattern. Stop loss should be around 426
Note: This analysis is just for information only
