Aditya Birla Capital Ltd. Sponsored GDR
No trades
Trade ideas
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.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap
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.
AB Capital - Time consolidationA company that had been giving good results but frustrating its investors for the longest time.
It pretty much didn't go up during the entire upmove but instead time corrected.
Long above 193 and again above 197..
This is among those stocks which is more of investment grade and the SL would be so much deeper that its difficult to keep a proper stoploss.
But 173/165 are decent stoplosses for this co.
ABCAPITAL ABCAPITAL
# AB capital reported strong quarterly Report on Jan 5,2024.
# Banks net Income increased 12% year-over-year.
#Company Announced a New Partnership with Leading Fintech company to enhance its digital Banking services.
#Company Announced the Acquisition of a Small region Bank in South East Asia, which is Boost International Operations.
# Technically the stock breaks the previous Trendline level of 180 range with huge volume . If it sustains above 193 level then we can see the sharp rise on price momentum upto 217,260,321 +++ on very short term.
keep watchlist 👍👍
ABCAPITAL bullish AB-CD patter ABCAPITAL is an interesting chart with following
1. RSI on daily and Monthly chart above 60
2. AB-CD pattern under formation on weekly chart
3. Price formed a bullish candle on Weekly chart with huge Volume
4. Narrowing Bollinger Bands on Weekly charts
5. Can be a good Risk reward with Buy on Dips and dips only for a price target of 198-211-225 and positional tgt of 244-270 zone
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
ABCAPITAL - Bullish Swing Reversal with VolumesNSE: ABCAPITAL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 16% to 24% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade






















