Aditya Birla Capital Ltd. Sponsored GDR
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Trade ideas
Technically strong - 2x return can givePros :
Technically good base created, and every raise volume also getting increased
Sales is improving on QoQ
Profit and ROE got improved
Debt is decreasing
Cons
Debt on Equity ratio is 3.8
Current Ratio below 1
Fundamentally neutral stock, but based on technical, it good candidate. Also in this sector many stocks are already outperforming
Note : Educational purpose not for buy/sell recommendations.
ABCAPITAL | 1D | LONG | FLAG PATTERNFlag Pattern ( Bullish )
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Target - 157.00
Entry - 117.25
SL - 97.50
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Note : This study for educational purpose only.
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swing , positionalIn monthly time frame stock is in uptrend ,HL structure is intact. Which means
stock is in correction of monthly Time frame
in weekly bullish flag is in formation.
So we will wait for structure change and clear breakout of flag pattern In weekly time frame.
IF BO OF LH SUSTAIN, ONE CAN LOOK FOR BUY ON RETRACEMENT. WITH SL OF LAST LL.
OR
U CAN CHECK FOR DAILY TF IF THERE IS A HL STRUCTURE BEFORE BO , CAN USE THAT HL FOR SL ON CLOSING BASIS
AB CAPITAL - Pure Price Action BasisChart 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.
AB Capital - Bull flag + Support from 200 EMAKey Highlights:
1. Bull flag formation
2. Rebounded from 200 EMA.
3. Good volume expansion.
4. Shift in market structure on HTF.
5. Look for pullbacks on lower time frames and enter accordingly.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
bought abc at breakout.as i checking out stocks for swing trading i find abc stock trading at 116 level giving out breakout from its falling channel . after doing my analysis
it show me some reasons for buying opportunity .1.breakout from resistance at daily time frame 2. breakout from its falling channel 3. breakout with increasing volume .
target : 140
stoploss : 112
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.






















