Aditya Birla Capital Ltd. Sponsored GDR
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Trade ideas
time to be bullish on Aditya Birla Capital Ltd.my view for investing / trading in ABCAPITAL-
1. company revenue as well as profit is increasing yearly.
2. on chart, daily candle is making double bottom pattern.
3. some serious buying happening since 2 days, supporting double bottom pattern
4. recent Q2 result was good and company is working on betterment of financials.
this analysis is for education purpose only.
ABCAPITALAbcapital is forming a falling wedge pattern and today is result also if result will be positive it maybe chance to break upside and a good rally can be seen. upside possible target can be 136 or 140. if it closed above 115. Entry can be take at 105 with strict sl. after breakout it will be more good.
150+ TARGETS ABC TO FIRE ALL IT'S CYLINDERS IN THE COMING WEEKS--> Market Analysis : Nifty50 Is In Uptrend
--> Sector Analysis : Financials And Banks Are Ready For Breakout
--> Stock Analysis : Done On The Chart
Buy On Breakout Of The Channel Pattern ( Very High Probability )
Target 1: 130
Target 2: 140
Target 3: 150++
S.l : Below The Breakout Candle
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AB CAPITAL: BEST SWING TRADING STOCK TO KEEP AN EYE ONAB Capital (D): The stock witnessed buying interest due to impressive Q1 results of posting highest ever net profit, also the IPO of Aditya Birla AMC is getting closer.. Furthermore, bulk of the volume was witnessed post the afternoon session. The stock is on the verge of witnessing a stage-2 consolidation breakout. Keep a close eye on this stock. Targets can be of 140 levels and beyond.






















