1) Took support at crucial level tested many times failed to break the level
2) Flag pattern can be seen which is giving a clear buy setup
3) If you see the volume a breakout candle can be seen with a big volume s\
so keep an eye on it
1. BO happened at 115 and taken the support at the same level in the retracement.
2. Buy above triangle breakout or 130
3. SL 112
4. Target 150/170/210
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
#ABCAPITA has formed a Rounded bottom pattern. On breaking the pattern, it will be super bullish. Try buying during the pullback and enjoy the ride.
Only for educational purposes only - trade at your own risk.
Good luck.
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
- 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
My view is bullish
