ATRL HIGH VALUE LONG TRADE / INVESTMENT TRADE - (SECOND ENTRY) ATRL HIGH VALUE LONG TRADE / INVESTMENT TRADE - (SECOND ENTRY)
ATRL completed the Spike Phase of its Uptrend from Oct 2024-Dec 2024, creating a High of 776.
Then it went into an A-B-C correction, marking a Low of 411. It also created a SPRG at the Re-test of BO.
It reversed upwards, supported with ample Volume Gradient. This move from 411-697 constitutes another Spike in prevailing uptrend. This Spike has completed and broken out of Double Bottom Bull Flag.
This BO also established a Bullish Breaker Block at this new High, which is a low risk place to hop-on for a Long Trade journey. Targets have been calculated from different Measured Moves.
🚨 TECHNICAL BUY LEVELS – ATRL 🚨
BUY1: 690-700
BUY2: 670-680
BUY3: 660-670
📈 TP1 : Rs. 777
📈 TP2 : Rs. 877
📈 TP3 : Rs. 986 LONGTERM
📈 TP4: Rs. 1090 LONGTERM/INVESTMENT
🛑 STOP LOSS: BELOW Rs. 600 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.75
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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