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ATUL

Atul looking attractiveAtul Ltd. engages in the manufacture and marketing of chemical products. It operates through the following segments: Life Science Chemicals, Performance and Other Chemicals, and Others. The Life Science Chemicals segment consists of active pharmaceutical ingredients (API), API intermediates, fungicides, and herbicides. The Performance and Other Chemicals segment includes adhesion promoters, bulk chemicals, epoxy resins and hardeners, intermediates, perfumery, and textile dyes. The Others segment offers agribiotech, food products, and services. Atul Ltd. CMP is 7665.70. The positive aspects of the company are Company with Low Debt, Stocks Outperforming their Industry Price Change in the Quarter, Increasing Revenue every quarter for the past 2 quarters and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are High Valuation (P.E. = 68.1), High promoter stock pledges, MFs decreased their shareholding last quarter, PE higher than Industry PE and Inefficient use of shareholder funds. Entry can be taken after closing above 7699 Targets in the stock will be 7886 and 8031. The long-term target in the stock will be 8190 and 8515. Stop loss in the stock should be maintained at Closing below 7455 or 6965 depending upon your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:ATULLong
by Happy_Candles_Investment
SWING IDEA - ATUL LTDAtul Ltd , a prominent Indian chemical manufacturing company, is exhibiting technical patterns that suggest a potential swing trading opportunity. Reasons are listed below : Strong Support Zone : The 5750-6000 range has proven to be a robust support zone, with prices bouncing off this level, indicating buying interest and a potential reversal. Double Bottom Pattern on Weekly Timeframe : This pattern, characterized by two distinct troughs at similar levels, is a bullish reversal signal. It suggests that the downtrend may be over, and a new upward trend could be starting. Reversal from Golden Fibonacci Zone : The price reversed from the 0.618 Fibonacci retracement level, often referred to as the "golden zone." This adds weight to the potential for an upward move. Bullish Engulfing Candle on Weekly Timeframe : The recent weekly candle engulfed the previous 8 weekly candles, indicating a significant shift toward bullish sentiment and suggesting a potential strong rebound. Increase in Volumes : A noticeable spike in trading volume often confirms the strength of a price move, indicating greater participation and confidence in the direction of the trend. Target - 7200 // 7550 Stoploss - weekly close below 5600 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:ATULLong
by Visionary_Growth_Insights
Atul Ltd. Buy trade with good Reward. We have this Source Demand formed @ Rs. 6381.45 in Quarterly and we also have a Strong Supply formed @ Rs. 7750.00. Price has to come into the Demand hence it needs to travel downward, after reaching the Source Demand "if the source demand has the power to reverse the Trend till opposite fresh Supply price will first show a buying momentum building in the lower timeframes first which will eventually be seen in the Higher timeframes as Monthly", hence lets go further down to understand the patterns in the lower timeframes like Daily. Here in The Daily chart we see that the Price has just formed a Fresh Demand and Target is the opposite Supply @ 7500 hence an amazing reward to Risk ratio. Enjoy the Ride ! ! !
NSE:ATULLong
by WavesandZones
ATUL Ltd.can accommodate growth. Atul Ltd. is an integrated chemical company serving about 4000 customers belonging to 30 industries across the world. The company product portfolio utility includes area of aromatics, crop protection, polymers, pharma ingredients and many more. Atul CMP is 7014.15. Negative aspects of the company are high valuation (P.E. = 45.7), declining annual net profits, FIIs are decreasing stake and MFs are decreasing stake. Positive aspects of the company are no debt and improving cash from operations annual. Entry after closing above 7056. Target of the call will be 7373 and 7884. Long term targets in the stock will be 8402 and 8921. Stop loss in the stock should be maintained at closing below 5594.
NSE:ATULLong
by Happy_Candles_Investment