Bullish breakout in the chart of ABCAPITAL.
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- Long term Breakout Pattern - Huge Volumes near breakout levels - Breakout after a consolidation - Descending triangle pattern Breakout taking support at RSI (60) - Fundamentally strong stock - 125 can be a good entry level with stoploss 110 and 1st target at 150
note 1) The support is very crucial 2) Recently IPO news came which looks very positive for the stock 3) last week closing made a hamme pattern , and hammer pattern at crucial support is a very good sign 4) On daily chart it is showing a triangle pattern My view is bullish
note 1) The support is very crucial 2) Recently IPO news came which looks very positive for the stock 3) last week closing made a hamme pattern , and hammer pattern at crucial support is a very good sign My view is bullish
All the reasons for the trade have been explained in the video. ---HAPPY TRADING
* After breakout with high volume now the stock is pullback to its support zone with low volume .Thats the sign of accumulation .Now the stock is ready for Upmove . Note - Promoter buying 62 lakhs share at avg. price of 120.00 .
ABCAPITAL (Monthly):- Buy on dip 120 to 80 till accumulation for 190/200++ Target with Stop Loss 60 DCW
On the 4H timeframe, I expect the price to break the 121.75 area, if it gets broken, then will enter on the pullback (around 126.20) and ride the wave till 102.50. Good risk to reward. About me:- Your scammer demo stock guru is back!! I lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then...
AB Capital has broken out big time after being a rank underperformer for years, see a runaway rally! Buy with a stop loss below 112 targets 152/200. A breakout of the diamond bottom pattern is seen on the chart. This is a strong reversal pattern.
This stock recovered till its pre-covid levels in the uptrend channel. Now it reached near its previous resistance level. Expected break out of this resistance in upcoming trading sessions. After this breakout, it can move the immediate target of 150 and then 205+ for the short term.
This stock recovered till its pre-covid levels in the uptrend channel. Now it reached near its previous resistance level. Expected break out of this resistance in upcoming trading sessions. After this breakout, it can move the immediate target of 150 and then 205+ for the short term.
ABCAPITAL STRONG BUY ABOVE 96 STOPLOSS 79 TARGET 115 --- 123 --- 143 RATIONAL: 1. CUP & HANDLE PATTER BREAKOUT 2. DOWNWARD SLOPING TREND-LINE BREAKOUT 3. VWAP BREAKOUT ON DAILY CHART
Trendline BO with Volume