ABAN trade ideas
Aban OffshoreHuge consolidation on weekly.
Price traveling above 20-50 ma on weekly.
Price now above 20 MA on Monthly.
Indicator is in buy
High volume candle on Day Time Frame
It appears clear institutions have entered now in this stock.
Sky is the limit
go long @ CMP
Multibagger ShareInvestment Pick (1-3 Year apx)
Aban Offshore Ltd (CMP-51.5)
Multibagger in Formation
We are highly bullish on OMC Sector and this is somewhere related to that.
(OMC = Oil Marketing Companies)
It’s a penny share and has fallen 99% from its all time high (5200 to 52)
Completely a contra bet (Reversal expected from here as per TIME CYCLES ⌛)
Fundamental not Good yet but expect a turnaround in this from here based on GANN Study
Technically Strong💹
(Refer Chart)
Target 🎯 : 3-4 Times
SL : 40% Approx.
Will buy with 1% of Capital
Aban Good Technical Breakout With VolumesBuy Aban Offshore
Cmp - 48.1
Accumulate this stock till 42 levels
SL - 38.9 ( Weekly Closing Basis )
Target - Open
Bearish StrikeBook profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 46
Target Price 52
Note:- I am not SEBI Registered This Trade is only educational Purpose
ABAN - Breakout ABAN OFFSHORE
Breakout of parallel channel.
Entry - 49.90
Target 1 - 55.40
Target 2 - 61.45
SL - 44.20
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
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
Swing tradeBreakout from rectangular box... Good close above previous swing high... Go long upto 5 to 10 % target with a stop loss of below the breakout candle...
Note :- Education purpose only... Not a call
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 offstore small trade ABAN offstore small trade.
target: 65 (within 30 days)
Stoploss: 45
Happy Trading!
Aban Offshore - Broken the Weekly ResistanceAban Offshore has Broken the Weekly Resistance with heavy volume.
Hold now for next targets of 64 and 78.
aban a ride back if at all there is a ride back note the horzontal lines drawn as support and resistance
Abban Offshore CMP 47 Buy for Target 63-76- 90-120-150+ SL 2Abban Offshore CMP 47
Buy for Target 63-76- 90-120-150+
SL 25
add more if get @39-33
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
ABAN OFFSHORE BULLISH RSI DIVERGENCEABAN OFFSHORE
GO FOR LONG ABOVE 88
TGT 101/117/156
SUPPORT AROUND 80-77
TF-2 MONTHS
INVESTMENT PURPOSE ONLY
ABAN is a short below 142.55 | May break anytime soonNSE:ABAN Aban lost 6.42% on 30 May. Next support is 142.55 which is a low and is very near to the closing price of 30 May 18. The probability of a break lower is possible and may trigger stops of those who are long and there is a possibilty of a long red candle on the day it breaks.
