ATGL
Adani total gas Ltd:- Long Move Ahead NSE:ATGL
Earlier Adani Total Gas Limited gave 135% move within a few days and after that, it has been consolidating since 10th of December.
The pattern is a descending triangle after a long up move And A horizontal range Has been formed.
The support line of the pattern Is at 0.382 Of the Fibonacci retracement zone.
The volume is showing spikes on bullish moves in the horizontal range indicating a potential accumulation by big players.
The entry point is above 1075, With potential targets of 1155,1262 and The measured move of the previous up move is at 2200. (No surprise if it crosses 2200 in a few weeks)
Maintain the stop loss below the support range on a weekly closing basis only.
Share your views on this idea and drop a like & comment below.
Keep learning,
happy trading.
ATGL - Bullish Swing Reversal with volumesNSE: 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 deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
ATGLATGL:- The stock has formed an assessing triangle pattern on the hourly chart. Keep an eye out for breakouts on this stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ATGLATGL:- formed rounding bottom pattern and also breakout the resistance level. consolidate buy on current level. but strict Stop Loss. Go for short term target......!!!!!!!!!
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Why Adani Stocks are rising?Many of you dont know but you can create an index for yourself. That means charts to be looked for a particular group of companies, or your portfolio, etc.
This helps us to catch momentum not only in 1 stock but for all stocks of a particular group, or industry. Or a mix of these 2 characteristics.
#ATGL ADANI TOTAL GAS #ADANIENT #ADANITRANS #ADANIPOWER #ADANI #ATGL
ADANI TOTAL GAS Ltd.
NSE:ATGL
NSE:ATGL
Risky but could be a great trade
RR Ratio > 2.5
CMP: 1501
Target 1940 almost 30%
SL: 1326
Time < 6Months
Others:
NSE:ADANIPORTS
NSE:ADANIPOWER
NSE:ADANITRANS
NSE:ADANIENT
NSE:ADANIGREEN
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
INVERSE HEAD & SHOULDER (ATGL)ATGL Positional View. Good to go long
REASONS TO TRADE:
INVERSE HEAD & SHOULDER
CROSSING MA 44
Like, Share, Comment for regular updates.
Disclaimer
I am not Sebi registered analyst
My studies are Educational purpose only
Please consult with your financial advisor before trading or investing
ABOUT THIS PATTERN:
An inverse head and shoulders pattern is comprised of three component parts: After long bearish trends, the price falls to a trough and subsequently rises to form a peak. The price falls again to form a second trough substantially below the initial low and rises yet again.