ABCAPITALUpper Bollinger band broken
RSI > 60
MACD Buy in Daily and Weekly time frame
prices crossing above 200 EMA
Long time trend line broken
Volume above Average at the time of breakout
ABCAPITAL trade ideas
AB capital bullish above 116 | 6 month old Trnd Line breachedAditya 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.
ABCAPITAL CHANNEL PATTERN BREAKOUTADITYA BIRLA CAPITAL - Given Breakout in a Daily Time-Frame!
TP - 140 (Same as pattern height)
SL- 112.5 (Previous Swing High)
Good positional pickThe stock has given a trendline breakout and looks good positionally above 117.25 for targets of 123 and 127
Learn & Earn,
Dr. Tanya Kumar
( Positional )-----#ABcapital-----Falling channel BOMultitimeframe Bo + Falling parallel channel pattern BO + good volume + trading above all MA + flag
Buy Point = 115
Target = 163
Stop-loss = 98
Positional or Long-term Opportunity in Aditya Birla CapitalGo Long above 117.35 for Targets of 131.5, 145.65, 159.8, and 173.95 with SL 103.2
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.382 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. In addition to this the stock gave Trendline breakout.
Flag Pattern Breakout!!!!!!Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
ABCAPITAL || #SWINGA breakout Trade in ABCAPITAL
Buy around 114 - 118 for the targets of Rs . 128 and 139...
Stoploss- 110...
Hold atleast 2Months...
#ABCAPITAL
ADITYA BIRLA CAPITHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
ABCAPITAL BREAKOUT FORMATION |5-10% TARGETBeautiful CHANNEL pattern
NSE ABCAPITAL
CMP : 116.50
Target : 5-10 %
Type : SWING
Chance of pullback exist wait for more momentum
05-DECEMBER-2021
Chart Analysis of ABCapital (5 Dec 2021)Descending Triangle Breakout on WCB.
Target of 135,165.
Strict SL on 93 WCB.
Only for Educational Purpose.
Do your own due Research before Investing.
ABCCAPITALWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Aditya Birla Capital BullishAditya Birla Capital Seems
Long Buildup concentrate if price sustain above 117
abcapical higher probability swing trade confluence zone of rectangular pattern breakout and weekly resistance zone(i.e 110 to 115)
marubozu candle form on daily time frame
target will be 130-135
ABCAPITAL : Positional Buy Trade SetupNSE:ABCAPITAL
Hi Traders,
ABCAPITAL trade setup, entry and target level on chart.
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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Multipattern breaking in ABCAPITAL - After long timeMultipattern breaking in ABCAPITAL.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Flag Breakout in ABCAPITALABCAPITAL gave Flagbreakout and resistance break (Precovid level) with high volumes.
But because of raising covid levels we can't expect much upmove for sometime.
Posted earlier with trendline support, now a breakout! Stock seems to have broken the symmetrical triangle with volumes
Reasons for long:
1. Symmetrical triangle breakout
2. High volumes
3. Bullish in bearish Market
4. Regained all major EMAs
5. RSI showing strength
CONSOLIDATION OVER?This is Weekly Timeframe.
AB Capital was in consolidation form March 2021.
While consolidating it had took 3 time major support.
The very 1st time it came near previous resistance acting as support now,
it formed dragonfly doji and gave strong rejection.
The 2nd and 3rd time it came near support,it bounced back with strong volumes and formed double bottom pattern at support
and gave breakout from the channel.
The MFI is near overbought zone.
If it moved up well then the target can be 52 week high which is 139.70.
If as per the market scenario, for a safer exit, I would exit a little below resistance zone which is at 135-139.
This post is for information purpose only.
ABCAPITAL: Huge targets ahead.Here is the stock I was looking very very closely for weeks and finally the strong indication of up side move is here.
I suggest you to enter into the trade when it retests the trendline. For aggressive traders, enter at your will. Keep an eye on targets.
BTST: ABCAPITAL on 3rd December 2021It is always a good idea to go with the momentum. Focus on changing portfolio everyday by taking BTST trades which lowers yours risk and maximises your returns.
ALWAYS GO WITH THE MOMENTUM, NEVER TRY TO CATCH A FALLING KNIFE.
Buy Today Sell Tomorrow (BTST) trades are the best in my opinion in every market conditions
- Take trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
