Stock is coming out of consolidation phase, also stock has correct more what we think. If stock crosses 207 level then short term target will 218 and 250
Scrip has almost formed the low of the rounding bottom which resemble a “V” bottom, the trend has been validated by trend period which took 5 months to form however volume increase at the end is yet awaited for perfect trend formation/breakout The scrip has gone through long consolidation period that turns from a bearish bias to a bullish bias but yet to see...
Aban Offshore CMP 203 Last time when the stock was at 182.40 we suggested a short term breakout on the cards... If you have caught it early great because now looking at the bigger picture things are looking much brighter if it gives a weekly close above 200 levels.. It opens up the potential to move towards 268 / 330 / 400 odd levels in medium term...
ABAN OFFSHORE (ABAN) BUY @ABV 189.50 BUY RANGE 189.50 TO 185 TGT :- (1st)-200 (2nd) 215 SL- 175 (Closing Basis)
Aban Offshore Cmp 182.40 The stock is near support levels 178-185 range looks good to buy Momentum might be seen on sustaining above 186.50 Target - 210 / 228 initially Take care & safe trading....!!!
hi For investment this stock buy and forget it, we see moving average yet not given confirmation and it might take time to confirm it, before that we see the trend lines, for long term keep watch or buy from current level and if it breaks then add more at 180 range for target 260 above.
Hi A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts . Potential Price reversal zone will be 1.13BC = 211.5 0.786XA= 206 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Note : Daily Trend line shown as red color. Stop loss would be placed below X leg structure support ....
Although in demand zone, if closed below 241.20, Resistance 247.30, Support 234.65, 228.95.
NSE:ABAN CMP : 246.85 Here's the formation and levels, trade accordingly . Thanks.
It is been observed on the Daily chart that the price action trending up in channel and then consolidating in a big symmetrical triangle. Now, it has finally breaks above the triangle consolidation indicating a further move up. Target: 260 Stoploss: 242
Upthurst, Spinning Top imply pause and a possible reversal Exhaustion Gap manifested few hours ago Breach of 240 with strong day will send prices to 170 levels {Principle of Equality}
Aban Will touch 288 soon.. and if close above 291 then target on screen 350-400 also possible in next 10-12 month.. now next 3 month target 288 then 320
Weekly chart of ABAN shows flag breakout. Long position for around 2 months Stop ~240 Tgt~ 300-305
SELF EXPLANATORY CHART Momentum or Swing Trade Target 1- 280 Target 2- 300 SL 235
It is been observed that the price action is trending up, making new higher highs on weekly chart. It is also observed that price action breaks out from a rectangle shape flag pattern. (When the price action breaks out upward against the downward sloping rectangle consolidation pattern confirms a flag pattern breakout). As per the flag pattern, the targets are...
It is been observed that the price action trending up on daily chart and recently breaks out of downward correction channel on daily chart. Today, Nifty corrected on a big move but the price action in this doesn't change. Bulls are in control and dominance in current scenario. It has completed 8 Waves cycle and now moving onto a new impulse wave. It is a good time...