US0070261070 trade ideas
AB CAPITAL FINALLY ON BULL RUN?1. Promoters like MR KUMAR MANGALAM BIRLA has increased their stake
2. A lot of projects in 2022 pipeline
3. Broke Major resistance of 100-115 region recently
TRADE :
CMP : 132
SHORT TGT : 160
LONG TGT : 208
SL : 115
ADITYA BIRLA CAPITAL SWING TRADE Entry around 118 to 120
Target 125 , 130 ( if it breaks out of the triangle pattern)
stop loss 115
Risk Reward ( 1: 1.5 )
AB CapitalBuy-118-116
SL-Below 110 CLosing Basis Daily
Target-130-140-152
TimeFrame - Till September End.
Good Consolidation Going On.
After Breakout A Good Upmove Can Be Seen..
Will ABCAPITAL reclaim its gloryAfter the IPO in late 2019, it has been in a downtrend. I am not sure if i captured the correction wave accurately but it seems the new primary is underway and 5th will be an extended wave, taking it back close to its IPO price.
There is a sectoral trend as well - ICICI Sec, MOSFL, Angel as well as AMC like Nippon are showing traction.
Also Pole and Flag pattern is indicating that the 5th will be very steep.
Lets hope wider market keeps supporting for some time.
ABCAPITAL - Long IdeaHas nicely consolidated into 118-125 zone and ready for an upmove to 135-147 levels. Main hurdle is 130... watch out volumes when that level is taken out. Could go up to 160.
AB capital Near term target 180 ++BO and retest done on daily chart. One can go long at CMP 126 for Bull flag target 180 ++ SL 112
ABCAPITAL - BUYAfter a strong up move, The stock is trading inside a triangle pattern which forms a consolidation phase we can expect good momentum after this resistance got broken.
ABCAPITAL LONG#ABCAPITAL Looking Good After a long consolidation phase
above 130 it can touch 148-158.
ABCAPITAL continuing the uptrendABCAPITAL is about to break the trend line and is continuing the upmove
Flag and pole breakout and retest of ABC CAPITALAfter flag and pole breakout and retest it is moving up
AB Capital: 15% upside potentialDate: 07 June 2021.
AB Capital has given breakout on triangle pattern.
Target and support given in the chart.
AB capital for long term , taking support good Risk to RewardAB capital for long term , taking support good R:R
Positional Long tradeMonthly TF script broke previous high and formed nice monthly, Weekly and daily demand zone. We can take trade at Daily demand zone inside Monthly zone. Entry, SL and Target marked on chart.
MIDTERM TRADE:ABCAPITAL
1. BO happened at 115 and taken the support at the same level in the retracement.
2. Buy above triangle breakout or 130
3. SL 112
4. Target 150/170/210
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
#ABCAPITAL ROUND BOTTOM#ABCAPITA has formed a Rounded bottom pattern. On breaking the pattern, it will be super bullish. Try buying during the pullback and enjoy the ride.
Only for educational purposes only - trade at your own risk.
Good luck.
Long ABCAPITALDetails on chart
buy only above 130
If price sustains above 130 means 15 -30 min candle closing above 130
Breakout & Retest done in A CAPITALEntry = 127
STOPLOSS =111
TARGET=198
Risk to Reward = 1:4
Short/Medium term trading
Pullback after breakout with low volume* This stock Pullback after breakout with low volume and also promoter buying 62 lakhs share average price of 118 to 120.00
