Adani Total Gas breaks above key technical resistance !!
Adani Total Gas breaks above key technical resistance Adani Total Gas Limited (NSE: ATGL) closed at ₹660.70 on September 18, gaining 12.56% with volume of about 3.93 crore shares. The stock moved above its first resistance area and closed above its 20-day, 50-day and 200-day EMAs. The technical structure improved sharply during the session. RSI(14) stood at 62.02, while CCI was at 82.79. The stock also traded above its 200-day EMA of ₹636.90, which is an important level for the broader trend. The move was supported by heavy volume. The stock traded between ₹587.40 and ₹674.80 and closed at ₹660.70, leaving the recent high as the first level to monitor. The 52-week range is ₹462.80 to ₹859.85.
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