Atul Ltd | Breakout of Rounding Bottom | Stocks for Your Watch List

Stock Name: Atul Ltd.

Indicator: 55MA, RSI

Atual Ltd showing a breakout of rounding bottom and price action also shows prices successfully breaking above 55MA and taking support on 55MA with high volume! RSI is above 60 showing strong momentum in a stock. We can expect prices to reach previous gap as marked in below snap.

Keep this stock on your watch list and analyze how price action taking place. If you wish to learn more about technical analysis, you can enroll into our free technical analysis course. You can also check out our other course from here!

Disclaimer: This blog is created just for learning purpose, which would help you understand how to analyze stocks before taking trades. This is not any buy and sell recommendation, the author of this post is not responsible for any profit or loss incurred. Please consult your financial advisor before making investments.

Categories: : Stocks For Watchlist