indiamarketoutlook
Long

Adani Gas: Out of gas or will it rebounce after re-fueling...!!!

NSE:ADANIGAS   ADANI GAS LTD
Adani Gas
CMP 98.75

The stock is at important level which has the potential to act as support.

Last time we did see a bounce back after re-filling the gap around 78-80 levels. Will history repeat itself...

Given the current price, setup and risk::reward ratio, one may consider to go long in Adani Gas at CMP or closer to 96-97 odd levels.

Target 104 /107/ 114

Stop loss if closing below 92.70

Take care and safe trading...!!!
Trade active: Stock has made a flash low 94.10 so far.
CMP 96
Comment: CMP 100.50
Enjoy
Trade closed: target reached: Adani Gas makes a high of 105.80

Consider booking profits as per risk appetite...

Enjoy...!!!
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