ATGL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.2

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

ATGL presents a neutral-to-weak setup for intraday trading today. While fundamentals are stable and volume is consistent, technical indicators suggest indecision and fading momentum.

🔍 Technical & Momentum Overview

RSI at 49.6: Neutral — no clear bullish or bearish bias.

MACD at -3.24: Negative crossover — signals short-term weakness.

Price Action

Trading below both 50 DMA (₹616) and 200 DMA (₹660) — bearish structure.

Current price ₹607 is near minor support but lacks breakout strength.

Volume

Today’s volume (3.68L) is slightly above 1-week average (3.62L) — stable but not aggressive.

52W Index at 22.5%: Trading near yearly lows — sentiment is weak.

Fundamentals

High P/E (105) vs Industry PE (20.2) — valuation is stretched.

Solid ROCE (17.4%) and ROE (16.7%) — operationally sound.

Quarterly profit decline (-8.43%) and FII outflow (-0.20%) — sentiment caution.

PEG (12.1) — indicates overvaluation relative to growth.

🎯 Trade Setup

If Entering Fresh Today

Buy Zone: ₹600–₹604 (near intraday support and slightly below current price)

Profit Target: ₹615–₹620 (resistance zone near 50 DMA)

Stop-Loss: ₹592 (below recent swing low)

If Already Holding

Exit on Strength

If price approaches ₹620+ and RSI crosses 54 — signals short-term recovery.

Volume spike above 4.5L confirms momentum — consider partial booking.

Exit on Weakness

If price drops below ₹592 with MACD widening negatively.

RSI falling below 46 — signals momentum breakdown.

🧠 Final Verdict

ATGL is not ideal for aggressive intraday trading, but can be considered for cautious scalping. Momentum is weak, and price action favors range-bound strategies. Tight risk management is essential.

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