ABCAPITAL trade ideas
Aditya Birla Capital Ltd - Breakout Setup, Move is ON...#ABCAPITAL trading above Resistance of 208.10
Next Resistance is at 255
Support is at 171.80
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AB Capital- Undervalued finstockABCapital which is the finance company of Aditya birla group is available at an amazing valuation.
Stock has given a flag breakout last week with volumes and on road to complete its rounding bottom pattern.
If the stock breaks out from pattern, we can see an amazing rally of around 50% in the stock.
If Nifty Bank crosses 48000 next week, this stock should move quickly till 200.
Breakout in Aditya Birla Capital...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ABCAPITAL Analysis and Prediction in DTFThis is the analysis of ABCAPITAL in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About ABCAPITAL:
Aditya Birla Capital Ltd. engages in the provision of financial services. It operates through the following segments: NBFC, Housing Finance, Life Insurance, Asset Management, General Insurance Broking, Stock and Securities Broking, Health Insurance, and Other Financial Services. The company was founded on October 15, 2007 and is headquartered in Mumbai, India.
Time to Invest In birla family_ABCAPITALToday Birla Group companies closed higher following Companies by AB Capital,Abfrl,Grasim and Idea.
Lot of changes happening in Birla companies as latest FPO of VI subscribed by record numbers.
I'm going to post all companies by technical View.
Long June_2024 Futures and Buy 240 CE May Call option and Stoploss is 193 at current market structure.
Happy Trading.
My post are only educational purpose.
ABCAPITAL AnalysisFOR LEARNING PURPOSE
ABCAPITAL - The current price of ABCAPITAL is 204.80 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with great volume
3. Its at 6 year high and trying to reach ATH
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable
6. The company is quite famous as its a famous ground (Aditya Birla Group)
7. The sector is also supporting and looking good at this point of time (NBFC)
I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.
My SL is at 175 rupees
I will be managing my risk.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Trendline Breakout in ABCAPITAL
BUY TODAY SELL TOMORROW for 5%
ABCAPITAL - Ichimoku Breakout📈 Stock Name - Aditya Birla Capital Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 205.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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ADITYA BIRLA CAPITAL taking retrace after breakout yearly levelIf 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 break the trendline with good volume and buying prefer above 180 level.
Keep on your eyes on this stock.