ABAN
ABAN | Good for Long NSE:ABAN
Cmp : 65.40
Entry : Near Cmp 65.40
Target : 7%+ Always
Stop Loss: According to one's Risk Reward ratio
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ABAN OFFSHORE LONGABAN OFFSHORE LONG
Education only.
It was best stock in 2007 with a price of 4700 rs. but now it is not. it is only used to swing trade at your own risk.
it is show good momentum and there is a loop hole also to further 10-15% move as per price trade action theory.
You can see this change in 2-3 days if market is in positive move,
What is your views please comment below it will great help to spread knowledge.
ABAN Offshore Cup and Handle FormationABAN offshore is coming out from a two year bottom in the form of a cup and handle formation on the weekly chart. The weekly chart exhibits good volumes at the breakout zone of 36. Time to start building long positions with Fibonacci extension targets of 52/76 in the medium term.
#ABAN FLAG RETEST #BREAKOUT #STOCKMARKET #R:R>3 #IT #TECH #NIFTY#ABAN
NSE:ABAN
CMP: 31.30
Target: 50++
Stop Loss: 26
Time Frame: less than 2 months.
Might hold above 50.
Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge Formed.
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With 💚 from Rachit Sethia
Abanoffshore Mini Multibagger hi
For investment this stock buy and forget it, we see moving average yet not given confirmation and it might take time to confirm it, before that we see the trend lines, for long term keep watch or buy from current level and if it breaks then add more at 180 range for target 260 above.
ABAN OFFSHORE - Triangle and Levels NSE:ABAN
CMP : 246.85
Here's the formation and levels,
trade accordingly .
Thanks.
ABAN - TRIANGLE BREAKOUTIt is been observed on the Daily chart that the price action trending up in channel and then consolidating in a big symmetrical triangle. Now, it has finally breaks above the triangle consolidation indicating a further move up.
Target: 260
Stoploss: 242
ABAN OFFSHORE- FLAG PATTERN BREAKOUT (BIG BUY)It is been observed that the price action is trending up, making new higher highs on weekly chart. It is also observed that price action breaks out from a rectangle shape flag pattern. (When the price action breaks out upward against the downward sloping rectangle consolidation pattern confirms a flag pattern breakout).
As per the flag pattern, the targets are marked by taking the measurement of preceding move before the flag consolidation and adding it after the breakout to achieve targets.
I shall be covering more about the flag pattern and its shape, breakout, targets, measurement in the next educational post which I shall be posting by this weekend. It will provide good understanding about the pattern.
ABAN - New Impulse Wave (Go Long) It is been observed that the price action trending up on daily chart and recently breaks out of downward correction channel on daily chart. Today, Nifty corrected on a big move but the price action in this doesn't change. Bulls are in control and dominance in current scenario. It has completed 8 Waves cycle and now moving onto a new impulse wave. It is a good time to get long in this one.
Target: 268
Stoploss: 220
