ATUL LTD
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Atul Ltd - Fibonacci Retracement - looking big for 40%-70% rise

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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!!!

交易進行
From 6200 to 6750...almost 8-9%...Mocing towards our target. Cheers!!!
交易進行
From 6200 to 7516...21% return..more coming!! Cheers!!
註釋
From 6200 to 8100..30% return..more coming!! Cheers!!

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