Channel Breakout in Adani Total Gas Daily Chart Frame
We can see, already there was a Channel breakout in this stock. Previous High was 2740, Now in a daily chart it already broken that level with good Volume. Movement has a potential to reach 3100 Level.
Now, If its coming for retest, 2740 should act as support. Next Support will be around 2610 and 2500 will be major psychological and important Support. Those who want to enter the stocks these are the best level.
Stop loss for Risk Takers will be below 2120 & for moderate risk taker can keep stop loss below 2320, Less risk taker can keep stop loss below 2440.
You can take trade based on entry level and risk taking ability.
This is just a view not recommendation to trade, Do your own Analysis before taking any trade.
ATGL
Now, If its coming for retest, 2740 should act as support. Next Support will be around 2610 and 2500 will be major psychological and important Support. Those who want to enter the stocks these are the best level.
Stop loss for Risk Takers will be below 2120 & for moderate risk taker can keep stop loss below 2320, Less risk taker can keep stop loss below 2440.
You can take trade based on entry level and risk taking ability.
This is just a view not recommendation to trade, Do your own Analysis before taking any trade.
ATGL
Comment:
Done with the Targets