While all the auto stocks were moving,
ATUL
remained silent. Finally it is ready to move now. Trendline breakout strongly done, re-test complete and now heading for inverted H&S breakout. Once it breaks out, 7000+ levels will be there soon. One can expect some strong sales data as a trigger at the beginning of next month.
This is Chemical company, Auto maker is Atul Auto which is up by 13% today itself. Well, we stick to technical analysis and technicals for Atul Ltd are looking good. Atul Ltd. is also up by 2% today. Ignore the first line of description above.