ATUL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.6

Here's a detailed technical analysis of ATUL based on current indicators and chart signals

📊 Trend Overview

Current Trend: Mildly bullish on daily charts, but mixed signals on weekly charts suggest caution

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Status: The stock is trending, but with weak momentum and signs of potential consolidation.

📈 Moving Averages

DMA 50: ₹6,584

DMA 200: ₹6,697

Current Price: ₹6,545

🔹 The stock is trading below both 50-DMA and 200-DMA, indicating short-term weakness and potential resistance at these levels.

📉 Momentum Indicators

RSI (14-day): 55.1 — Neutral zone, no strong overbought/oversold signal.

MACD: -28.2 — Bearish crossover, suggesting downward momentum.

Volume: 32,602 vs 1-week avg of 22,798 — Slight uptick in volume, but not enough to confirm a breakout.

📊 Bollinger Bands

Mixed signals on weekly timeframe — price action is not strongly hugging either band, indicating lack of clear momentum

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🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 6,400 Near-term support, recent bounce zone

Support 2 6,000 Stronger base, aligns with past consolidation

Resistance 1 6,700 200-DMA, key breakout level

Resistance 2 7,200 Previous swing high

Resistance 3 8,180 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹6,400–₹6,500 range, if price holds above support with volume confirmation.

Exit Zone: ₹6,950–₹7,200 for short-term traders; ₹8,000+ for medium-term if breakout sustains.

⚠️ Short-Term Signals

MACD bearish, RSI neutral, and price below key averages suggest limited upside unless momentum improves.

Volume spike is encouraging, but needs follow-through.

🧭 Summary

Trend: Mildly bullish but fragile — possible consolidation phase.

Momentum: Weak; MACD and Bollinger Bands hint at caution.

Technical Rating: 3.6 — Neutral to mildly bullish, with potential if price reclaims 200-DMA.

Sources

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MarketsMojo

2

Investing.com

Would you like a visual chart breakdown or alerts on price movements?

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www.marketsmojo.com

2

in.investing.com

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