Adani Total Gas on a good moving average support.ATGL is taking support on 44 moving average, it can be good swing trade keep a eye on it.
ATGL trade ideas
Symmetrical Triangle Pattern Formation in AtglSymmetrical Triangle Pattern Formation in Atgl
Detailed analysis given on the chart
NSE:ATGL
#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.
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With 💚 from Rachit Sethia
Adani Total Gas Ltd: Bollinger band squeeze inside Keltner ChIn Daily chart stock is getting Bollinger band squeezed inside Keltner Channels. I marked recent history in the chart to verify this pattern and If stock gives closing above BB then it is most probably going to give at least 25% profit as per trend ATGL following.
so, Target would be anywhere near 25% and SL can be lower band or mean of BB.
Note: I'm new to technical analysis , do your own Math. I'm open to new ideas and flaws in my analysis, so please do comment and collaborate.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
ADANI TOTAL GAS LTD ( EDUCATIONAL PURPOSE ONLY)Nothing guaranteed and Nothing over week
Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
ADANI TOTAL GAS LTD. @ 1420 with target of 1450.CMP IS 1403.05.
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR ONE OR TWO PERCENT BELOW 1390
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis is for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
SHARE MARKET ANALYST
B.Sc. (MATHS & PHYSICS)
Trying to spread happiness and knowledge
Disclaimer: I AM NOT SEBI REGISTERED
Looking for another good runAdani stocks looks good again for another run.
Keep adani gas in lookout.
Adani Total Gas, breaking out of flag patternAdani total gas has given break out of flag pattern on daily / hourly time frame this should be very bullish in this week ( expecting upper circuit)
Note: This is only for educational purpose
INVERSE HEAD & SHOULDER (ATGL)ATGL Positional View. Good to go long
REASONS TO TRADE:
INVERSE HEAD & SHOULDER
CROSSING MA 44
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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.
ATGL Given 40% Gain Till Date, Did you added ATGL???????????????ATGL Given 40 Gain Till Date
Lets see how far it can go.
ATGL Bullish 3rd Wave Adani Total Gas is now in Elliot 3rd wave, which is a very bullish sign for the stock to travel a long distance.
ATGLGo long on ATGL as it has a triangle breakout.It has a very good risk reward so enter the trade as soon as possible
Range Breakout in Adani Total Gas Ltd. As you can see the candle js trading out of range or you can say resistance zone. If candle manages to close above the 938.40 level can go long for the above given targets in the chart which happens to be 965 and 985.
Will suggest to go long with the strict stop-loss below the 935 level (only on closing below basis).
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
Buy Adani gas ltd at 780, SL 660, tgt 1180ATGL has correct more then 50% from its all time high of 1679. This trade is only for risky traders, small traders stay away. Big players should do proper risk mgmt and only then take trade
Support at 800This stock is at crucial support of 800. Fundamentally this is the only adani stock with negligible debt and good profit margin. Should be considered for holding for atleast 5 years. Right now just wait and watch.
ATGL Expected MovesHere is the expected moves of ATGL . ATGL has crashed from top. The stock can take a pause and give a upside movement for a short span of time. Expected Support Zone - 745 -750. Wait for a green candle in this zone. Do not just jump.
ATGL LongTaking Support at 50% Fibonacci Retracement level.
Expecting 10% returns in short term
Stoploss: 815
ATGL a High Risk Stock available at a lower priceATGL Fundamentally a very strong company.
The stock took support at 150 SMA and perfectly bounced back
My Position is 850 and 906.
Few days ago i asked the question why people are not buying at current level now you can the stock is perfectly bounced back from that level.
