Turning Down
Our Pivot: 95
Our Preference: Start short selling ATRL below 91 & average it out till 92.60 with strict stop loss of 95 and profit target at 83.15 and 79.80.
Alternate Scenario: Upward penetration of 95 would call for 97.60 & 101.
NOTE: ATRL is being capped by a strong horizontal resistant region along with a descending trend line.
Chart with Supports & Resistances:
ATRL 35
Level | 1st | 2nd | 3rd | Supports | 84.51 | 79.80 | 77.11 | Resistances | 91.91 | 94.60 | 99.31 |
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