Rebound Insight
Our Pivot: 125.80
Our Preference: Buy ATRL above 129.70 with strict stop loss of 125.89 and profit target at 138 and 144 with extension towards 151.
Alternate Scenario: Downward penetration of 125.80 will call for 122 and 116 .
NOTE: ATRL is being supported by a rising trend line along with a horizontal supportive region. Its also going to complete its 61.8% correction.
Chart with Supports and Resistances:
ATRL 35
Level | 1st | 2nd | 3rd | Supports | 171.17 | 168.11 | 166.10 | Resistances | 176.24 | 178.25 | 181.31 |
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