ATGL has created a structure which is suggesting a new bull run has started in the stock. The plan has been shared . The final target is close to 2800 , seems ambitious as of now but very much possible.
ATGL forms the ASCENDING TRIANGLE past 6 months, may 3rd week its breaks and given confrmation for ENTRY AT 1000 (PRICE).
Duration : 2-3 MONTHS (APROX)
Ratio Target : 30% PROFIT( based on INVESTMENT)
R:R : 1: 3
Custom index created by top M.cap companies in gas distribution sector with Adani total gas, GAIL, Gujgas, IGL, Petronet.
Trendline breakout. Petronet already made ATH.
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...
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...
As all knows about adani group stocks tanked down due to hindenburg report, so, i though to share next course of action on those, follow the levels for entry, support and target.
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.
ATGL:- 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...
ATGL:- 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....
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.
