ATGL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 2.6

📉 Intraday Trading Analysis for ATGL (Adani Total Gas Ltd.)

ATGL remains a weak candidate for intraday trading today. Despite decent fundamentals like low debt and stable ROE, the technical indicators and valuation metrics suggest limited upside and elevated risk for short-term trades.

🔍 Key Technical & Fundamental Insights

❌ Bearish Technicals

RSI at 39.8: Below neutral, indicating weak momentum and no clear reversal yet.

MACD at -6.20: Negative crossover, confirming bearish sentiment.

Current Price ₹629 < DMA50 ₹649 and DMA200 ₹683: Trading below key averages — short-term and medium-term downtrend.

52w Index at 23.6%: Near yearly lows, showing poor relative strength.

⚠️ Valuation & Sentiment Risks

P/E 107 vs. Industry PE 18.5: Extremely overvalued — not ideal for momentum trades.

PEG Ratio 12.2: Indicates growth is overpriced.

FII Holding Change -0.20%: Foreign outflow — sentiment mildly negative.

EPS ₹5.89: Low earnings relative to price.

Qtr Profit Var -3.84%: Slight decline in profitability.

✅ Supportive Fundamentals

ROCE 17.5% & ROE 16.8%: Solid capital efficiency.

Debt-to-Equity 0.44: Low leverage — financial stability.

Volume Today (7.1L) > Avg Vol 1Wk (5.7L): Higher-than-average volume may offer short-term trading opportunities.

🛒 Optimal Buy Price for Intraday

Buy Zone: ₹620–₹624 Only consider entry if price shows signs of reversal — e.g., bullish candlestick or RSI climbing above 42.

🎯 Exit Strategy

Profit-Taking Levels

Target 1: ₹638 — minor resistance

Target 2: ₹648 — if momentum improves and volume sustains

Stop-Loss / Loss Protection

Stop-Loss: ₹612 — below recent support and psychological level

📈 If You Already Hold the Stock Today

Exit on Weakness

RSI drops below 38 or MACD widens further negatively

Price fails to hold above ₹625 post 12:30 PM IST

Volume Watch

If volume fades below 6L and price stagnates, consider exiting near ₹636

Trailing Stop Strategy

If price crosses ₹640, trail stop-loss upward by ₹6–₹8 increments

Would you like a scan of gas or utility sector stocks with stronger intraday momentum and better technical setups?

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