ATGL - Swing Trade Analysis

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

Swing Trade Analysis for Adani Total Gas Ltd. 🔥 (ATGL)

📊 Swing Trade Rating

Rating: 2.6

ATGL is currently in a technically weak phase with limited short-term upside unless a strong reversal occurs. Despite decent fundamentals, overvaluation and negative momentum indicators make it a cautious hold—not a compelling entry.

✅ Positives Supporting Medium-Term Outlook

ROCE (17.5%) & ROE (16.8%): Indicates strong return on capital and equity

Debt-to-Equity (0.44): Low leverage implies solid financial health

Volume Surge: Trading volume (7.1L) exceeds weekly average (5.7L)—shows recent trader interest

Stable PAT Growth: ₹165 Cr. vs ₹155 Cr. suggests moderate business consistency

⚠️ Headwinds for Swing Entry

Overvaluation: P/E (107) is far above industry average (18.5); PEG ratio at 12.2 = price-growth mismatch

Bearish Momentum: RSI (39.8) below 40 and MACD (-6.20) suggest continued weakness

Price Below Key Averages: Trading under both 50-DMA (₹649) and 200-DMA (₹683) is a bearish technical indicator

No Dividend Support: Zero yield makes it less attractive for holding

FII Pullback (-0.20%): Foreign investor sentiment appears weak

52w Index (23.6%): Stock is far off its yearly high, signaling heavy price erosion

🎯 Optimal Entry Price

Wait for confirmation of a trend reversal before entering. Target zone: ₹615–₹625, but only if

RSI climbs above 45

MACD flattens or turns positive

Price closes above 50-DMA with volume > ₹8L

Premature entries here carry downside risk.

💼 Exit Strategy (If Already Holding)

First Exit Zone: ₹650–₹660 (approaching 50-DMA)

Next Resistance: ₹675–₹685 near 200-DMA

Stretch Target: ₹715–₹730 if bullish momentum resurfaces

Stop Loss: ₹605 to protect capital in case of breakdown

🧠 Final Thought

ATGL needs serious technical strength to justify a swing setup. Fundamentals provide a foundation, but unless it breaks ₹649–₹683 levels with confirmation, it’s better suited for watchlist duty than active trade.

Want me to chart ATGL’s recent RSI/MACD crossover history or build a sector comparison with IGL, MGL, and Gujarat Gas? I can tee that up to give you a sharper edge. 📈🧪

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