ATGL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.6

🔥 ATGL shows solid fundamentals and technical support, but weak momentum and volume suggest a cautious intraday setup.

📈 Positive

• 🔹 Price at 50 DMA: Current price (₹629) sits exactly at the 50 DMA, offering a technical pivot zone.
• 🔹 ROCE at 17.4% & ROE at 16.7%: Indicates efficient capital and equity utilization.
• 🔹 Low Debt-to-Equity: At 0.45, reflects a healthy balance sheet.
• 🔹 PEG Ratio at 12.8: Suggests high growth expectations despite premium valuation.

⚠️ Limitation

• 🔸 MACD at -0.41: Bearish crossover signals weak short-term momentum.
• 🔸 RSI at 50.4: Neutral zone, lacking directional strength.
• 🔸 Volume Weakness: Current volume (6.2L) is far below 1-week average (25.6L), indicating low intraday interest.
• 🔸 High P/E Ratio: At 112, significantly above industry average (19.7), suggesting overvaluation.

🚫 Company Negative News

• 📉 Flat Earnings: PAT unchanged at ₹162 Cr QoQ, with a 9.22% decline in profit variation.

✅ Company Positive News

• 🔋 Gas Distribution Expansion: Continued rollout of city gas networks and CNG stations across Tier 2 cities.
• 📈 Stable EPS: ₹5.61 reflects consistent earnings despite sector volatility.

🏦 Industry

• 🔥 Sector: Energy — Gas Distribution & Infrastructure.
• 📊 Industry PE: 19.7, much lower than ATGL’s, indicating sector-wide caution on valuation.

📌 Conclusion

• 📉 Intraday Setup: Technical support at 50 DMA is a plus, but weak MACD and volume limit upside potential.
• 💰 Optimal Buy Price: ₹624–₹627 (just below 50 DMA for bounce trades).
• 📈 Profit Exit Level: ₹635–₹640 (short-term resistance zone).
• 🛑 Stop Loss: ₹618 (below recent support).
• ⏳ If Holding: Exit if RSI dips below 48 or price fails to hold above ₹627 intraday.

I can chart ATGL’s MACD and RSI zones to help you visualize ideal entry and exit timing.