Atul Ltd - Fibonacci Retracement - looking big for 40%-70% rise
Atul Ltd. can show us a target of 8900 -11000. using the concept of fibonacci retrace-ment, it has taken support from 61% on weekly time frame. Keep a watch for a 40%-70% rise. Other factors:
1. We have a weekly downward trendline. Let the stock breaks that treadline which should be ~6500 price.
2. Volumes have again started picking up
3. RSI was on oversold category and now bouncing back
4. MACD is sl0wly getting back to positive
5. Support at a higher time frame is solid
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
1. We have a weekly downward trendline. Let the stock breaks that treadline which should be ~6500 price.
2. Volumes have again started picking up
3. RSI was on oversold category and now bouncing back
4. MACD is sl0wly getting back to positive
5. Support at a higher time frame is solid
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
Transaction en cours
From 6200 to 6750...almost 8-9%...Mocing towards our target. Cheers!!!Transaction en cours
From 6200 to 7516...21% return..more coming!! Cheers!!Note
From 6200 to 8100..30% return..more coming!! Cheers!!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.