Get started

ABCAPITAL

ABCAPITAL : Positional Buy Trade SetupNSE:ABCAPITAL Hi Traders, ABCAPITAL trade setup, entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * This analysis is educational/learning purpose only. * Trade at your own risk. Trade well, **********************************************************************************************************************************
NSE:ABCAPITALLong
by vimal.kr.pathak
CONSOLIDATION OVER?This is Weekly Timeframe. AB Capital was in consolidation form March 2021. While consolidating it had took 3 time major support. The very 1st time it came near previous resistance acting as support now, it formed dragonfly doji and gave strong rejection. The 2nd and 3rd time it came near support,it bounced back with strong volumes and formed double bottom pattern at support and gave breakout from the channel. The MFI is near overbought zone. If it moved up well then the target can be 52 week high which is 139.70. If as per the market scenario, for a safer exit, I would exit a little below resistance zone which is at 135-139. This post is for information purpose only.
NSE:ABCAPITALLong
by AkshayAdak
ABCAPITAL – mid-term pick► Aditya Birla Capital had seen a weekly breakout in mid-February ► After breakout, stock is consolidating, forming a triangular pattern ► Entry can be taken on break of triangular pattern or pullback to the triangle ► Based on news of SEBI clearing draft red herring prospectus for Aditya Birla Sun Life AMC, there might be a gap up opening on Monday breaking out the triangle pattern Usually prices move before news comes to retail participants, however looks like this is not the case with ABCAPITAL ► Aggressive position not suggested, ideal size would be 1% of portfolio size ► Stop-loss is essential for every trade ► Our stop-loss is 110 on daily closing basis Disclaimer - holding positions since February breakout Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
NSE:ABCAPITALLong
by Market-Thalaivaa
7