Long
Atul Ltd (BUY)
Atul Ltd. is a diversified chemical company. For long time the company has been on downtrend due to some reasons on the other. But currently I strongly feel this stock may take bounce around this level. If we get a reversal signal here then we should grab the opportunity to BUY, the reasons are :
i) The ADX is at whopping 60
ii) The RSI is forming continuous exaggerated divergence
iii) A Wolfe wave has been formed
But till now the reversal signal has yet not been confirmed. Once the confirmation comes then I will update the target and SL and the entry price.
Chart & Analysis
Adarsh Dey
i) The ADX is at whopping 60
ii) The RSI is forming continuous exaggerated divergence
iii) A Wolfe wave has been formed
But till now the reversal signal has yet not been confirmed. Once the confirmation comes then I will update the target and SL and the entry price.
Chart & Analysis
Adarsh Dey
Note
A Closing Above 5930 on EOD basis will confirm the reversal. I will update the Target and SL once the reversal is confirmed.Transaction en cours
Its a Buy on Dips Now. SL remains to be trend low and target is 6425-6511Transaction en cours
A good Blast and its Near to the targetTrade fermée manuellement
Target Done
Clause de non-responsabilité
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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.