ABCAPITAL trade ideas
Aditya Birla Catpital Trading setupUpcoming results expected to be good. Look for good levels to enter in the stock.
ABCAPITAL is at crucial supportnote
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
ABCAPITAL LONGABCapital is moving upwards with flags...
Looks good for 3 months/6 months for the target of 180
ABCAPITAL 1W TF Breakout at 6 months old resistance with Low volume Pullback.
Stepping Stones, Next on the way.
AB Capital - Capital Market AnalystsHie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Aditya Birla Capital Ltd. engages in the provision of financial services. It offers group life insurance, general insurance, private equity, pension funds, corporate finance, and real estate finance.
*FII/FPI have increased holdings from 2.63% to 2.79% in Mar 2021 qtr.
*Company has delivered good profit growth of 22.78% CAGR over last 5 years
*Mutual Funds have decreased holdings from 1.44% to 1.41% in Mar 2021 qtr
*Company has a low return on equity of 9.01% for last 3 years.
For more you can check the stock out on trendlyne.com/fundamentals/financials/61684/ABCAPITAL/aditya-birla-capital-ltd/
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
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The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Pullback Stock AB Capital !! 22 March 2021 !!* After breakout with high volume now the stock is pullback to its support zone with low volume .Thats the sign of accumulation .Now the stock is ready for Upmove .
Note - Promoter buying 62 lakhs share at avg. price of 120.00 .
Aditya Birla Capital: Bump-and-Run Reversal TopsI have read about this pattern in the Big Book of Chart Patterns and have accidentally traded using it in the Asian Paints Scrip. This is a short trade. As I am still learning about the pattern the entry and exit need to be observed. I believe there should be a pullback after which we can make an entry.
ABCAPITALABCAPITAL (Monthly):- Buy on dip 120 to 80 till accumulation for 190/200++ Target with Stop Loss 60 DCW
ABCAPITAL Possible shortOn the 4H timeframe, I expect the price to break the 121.75 area, if it gets broken, then will enter on the pullback (around 126.20) and ride the wave till 102.50. Good risk to reward.
About me:- Your scammer demo stock guru is back!! I lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & a rented Ferrari, of course after beating him as well, I used his travelling sword along with a rented Ferrari, came down here in the modern age of 2021. I sold his Ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
#ABCAPITAL 1W TFAscending trendline with multiple touches
Price volume breakout at 2-year long resistance
Expected targets- 152 and 165.
AB Capital Long Term Trend Reversal with Accumulation & MomentumAB Capital : Rounding Bottom Pattern Breakout on weekly chart.
Breakout above neckline at 115 and Price moving above 50 SMA .
Huge Volume in past few weeks show Accumulation.
Weekly RSI showing positive divergence.
Looks good for 50% upside in short to mid term.
CMP : 130
Short Term view (1-3 months)
Target : 148 & 165
Mid Term view (3-12 months)
Target : 191 as per Pattern
Almost 1:3 risk reward setup
If Price moves above 210-214 zone then
Long Term View (12-36 months):
Target : 261-286-320-388-496
SL : 110
Chart Only for Education Purpose
Diamond Bottom Pattern Breakout ! Strong Trend Reversal PatternAB Capital has broken out big time after being a rank underperformer for years, see a runaway rally! Buy with a stop loss below 112 targets 152/200. A breakout of the diamond bottom pattern is seen on the chart. This is a strong reversal pattern.
