Rachit_Sethia

#ATGL ADANI TOTAL GAS #ADANIENT #ADANITRANS #ADANIPOWER #ADANI

Long
NSE:ATGL   ADANI TOTAL GAS LTD
#ATGL
ADANI TOTAL GAS Ltd.
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

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