Chart analysis of ATUL

This is a monthly chart of ATUL. Here we can see that this stock is bouncing from its support level that is around 5146. Now it is trying to break the monthly trendline with support of volume. The entry should be above 6500 and stoploss should be around 6130. The target for this stock is high but it should be booked partially at around 6950-7000 because there the quarterly supply zone is starting.