NSE: ATGL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 16% to 27% gain on...
Weekly Time Frame:- Adani Total Gas is done with correction.We can spot positive divergence on weekly time frame. We can expect sharp upmove in upcoming 1-2 weeks.
Adani Total Gas is already trading in a limited range as per shown on Chart. Very soon it will break the upper resistance line and trade on a higher side. Target would be as follows:
1st Target - 994
2nd Target - 1040
Stop Loss - 910
Keep your watch on such levels
Adani Total Gas has also faced the brunt of the Hindenburg Research Report. Like other Adani Group Shares this share has also corrected. Wait for the price to settle. A support at 1970 looks good.
We have seen tremendous fall in Adani Group due to Statement by Hindenburg statement. Now Price has Squared the Time as per Calculation ...Expecting Price to halt at this point or went to Consolidation zone. Price must respect the 50% fibonnaci level mention on the chart (2367.80) if on any circumstances price went below this then...Stock may suffer more. Let see...
Adani total gas on a range bound market since August 4 if the channel breaks the upside momentum can be seen , Trade at your own risk I'm not sebi registered do not blame me if anything happens , safe trading
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...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Adani Total Gas is at Support levels. I feel these levels should be held, if we see strength in this counter at these levels, sky would be the limit. This stock is in a very very strong bull run of its own. Hence, one should not ignore this setup. Accumulate at current levels and follow the stop loss, which is also the support line (line drawn).
