If we can see longer time frame we can see a cup and holder pattern created . When ever create this pattern a very sharps and good move we can see. What pattern Support behind this Stock: Inverted Head and Shoulder. Cup and holder pattern . This stock breakout and now retracing the resistance level of 159.85-160 and makes it a support. Entry Point: after...
Aditya Birla Capital or AB CAPITAL Ready to move after long time Falling Pattern Channnel Giving Breakout with Retd For Swing & Long Term Investing
Aditya Birla Capital, AB Capital stock has seen huge correction (value erosion after IPO) from Yr 2017 upto Yr 2020, from the High of 255 to Low of 39 in the span of 3yrs. The stock rode the wave of bullish sentiments in the stock market after Covid19 and touched the high of 199 in July 2023. The stock is close to giving multi-year breakout (7yr) based on...
BUY - ADITYA BIRLA CAPITAL CMP - Rs. 170 Target - 1: Rs. 225 Target - 2: Rs. 254 . . Technicals - Inverse Head and Shoulders Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
this complete down side 5 wave and start bounces upside abc
From past 4 years stock was trading in a downtrend. But some significant changes would have taken place in the company in recent 2 years, leading to price recovery and triangle pattern formation with strong resistance faced around 130 to 140 levels. Stock had given breakout from this level in the month of November with a good volume and started consolidating...
abcapital can be bought once it breaks the pole line. can buy above 159 for 10% targets.
The stock stock showing strong upward momentum since a year not its preparing for a big move after breakout and retest. keep the stock in radar. #note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor.
Hi Everyone, Hope the price moves as we expect Comment your thoughts on this stock
NSE:ABCAPITAL 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
After making of H and S pattern a massive downfall is scene in the stock as can sustain below given levels it can show trend reversal .Currently stock is sustaining by support of 200 MA on daily chart.
Long position in ABCAPITAL on daily candle closing above 139 Entry Levels - 140 - 145 TP - 188,195,200 SL - 115 R;R - 1:2+ This is my personal take on this stock & is not a trading advice, please manage your risk always
According to the Elliott wave principle, AB capital has finished the corrective wave ((iv)). Price carrying on the impulsive wave (v), yet traders shouldn’t take the position without a proper signal. If the price breaks wave (X) , the price will surely make a new high because it will give evidence of the impulsive move. Price may take retracement as wave x...
ABCAPITAL Long Strong resistance breakout with good volumes RSI-65 Buy at CMP- 116.5 SL- 106 Target- 127, 134, 139 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
aditya birla captial is multibagger go long and enjoy the ride as mention in chart., i m not sebi register
Key Highlights: 1. Bull flag formation 2. Rebounded from 200 EMA. 3. Good volume expansion. 4. Shift in market structure on HTF. 5. Look for pullbacks on lower time frames and enter accordingly. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat...
Buy Aditya Birla Capital for a target of 135-140. It has broken out of a trend line, indicating a reversal in trend.
Aditya Birla Capital was forming descending Trendline from last 6-7 months. Now this Trendline has been breached by ABC and it is about to made new high from here. Volume ia also good at this level. you can enter now or wait for a minor Retest. You can hold this share for positional purpose or Long term investment. This is a fundamentally strong company.