Turning Down
Our Pivot: 452.30
Our Preference: Short Sell ATRL below 434 and average it out till 445 with strict stop loss of 452.30 and profit target at 406 with extension towards 385.
Alternate Scenario: Upward penetration of 452.30 will call for 471.
NOTE: ATRL is capped by a crossover of two major resistant trend lines along with a horizontal resistant region. Daily Stochastic is trying to generate a bearish crossover which could push it in bearish direction if succeeded.
Daily Chart with Supports and Resistances:
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