Atul Auto has been in a downtrend since the All Time High. Resistance & Support trendlines in the recent past has been respected well as marked. Today the stock BrokeOut of the angular trendline with a 17% spike and huge volume spurt. Currently the stock is encountering a key resistance.
Overall the stock is in a downtrend but a bullish divergence can be seen along with short-term EMAs in positive cross-over state. Till further positive price action, a bullish trend may not be foreseen.
If the stock moves in an uptrend then we might see the levels of 583 & in case of a downtrend we might see the levels of 420.
Keep monitoring!!
Overall the stock is in a downtrend but a bullish divergence can be seen along with short-term EMAs in positive cross-over state. Till further positive price action, a bullish trend may not be foreseen.
If the stock moves in an uptrend then we might see the levels of 583 & in case of a downtrend we might see the levels of 420.
Keep monitoring!!
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。