Aditya Birla Capital Ltd. Sponsored GDR
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Trade ideas
Aditya Birla Capital - Amazing Long term Breakout !!!- Long term Breakout Pattern
- Huge Volumes near breakout levels
- Breakout after a consolidation
- Descending triangle pattern Breakout taking support at RSI (60)
- Fundamentally strong stock
- 125 can be a good entry level with stoploss 110 and 1st target at 150
there can be good buy in ab capitalbuy opportunity must trade its huge breakout with mfi going very high....... with smart money is in you can expect a good rally.... here
ABCAPITAL | Weekly Time Frame | Can go till ATHNSE:ABCAPITAL
1. Breakout from resistance zone
2. Higher Highs & higher lows
3. Spurt in volume.
4. Breakout can be seen on daily chart along with retest of supply zone is also done.
Can be accumulated in zone of 115-125. Targets are marked on chart.
This is only for educational purpose.
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ABCAPITAL | Triangle momentum for short term - 12%ABCAPITAL | Triangle momentum for short term - 12%
CMP : 122
SL : 117
Target : 137
1:4 risk reward setup
The stock is in strong demand zone, very good for long term. We are just capturing a small momentum using this pattern for 12%
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
4) On daily chart it is showing a triangle pattern
My view is bullish
Trade setupLogic and levels mentioned in the chart
~This analysis is only for educational purpose~
Please do like, comment if you have any suggestion/query regarding this analysis
ABCAPITAL- Breakout above 121.5ABCAPITAL is about to break the trendline on upward side on Daily Chart.
Long position can be tried with SL- 112
ABCAPITALFlag and Pole Pattern. Low risk, High gain trade. On Higher timeframe, we can observe 115 was stiff resistance, which was taken out recently and now trading near same levels. It means buyers are defending 115 level.
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!!!
