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Wednesday, 15 April 2015

VIEW ON ATUL AUTO (POSITIONAL CALL)

Shown above is the daily chart of
Atul Auto Ltd.(531795). As we can see that the stock has given a breakout of a channel in which it was trading for the past few weeks. Also the stock seems to complete an expanded A-B-C correction in the longer degree. The positive crossovers of the moving averages and the RSI indicator indicating a buy signal adds to the strength of the stock. Therefore, I suggest to buy the stock above 623 for targets of 650-660 and a stop loss below 590. If sustained above 660 the stock can head towards levels of 685-690. 

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4 comments:

  1. Unknown6 May 2015 at 04:00


    CS OPTION BUY WOCKPHARMA 1400 CALL ABOVE 75 TG1-78 TG2- 81 TG3- 84 SL 65
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  2. Unknown16 June 2015 at 03:34

    Buy Chana July Above 4520 TGT 4540 & 4572 SL 4500..

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  3. The GRS Solution23 February 2018 at 03:26

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  4. Clara Mellor18 July 2018 at 02:20

    बहुत अच्छा !
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