Aditya Birla Capital Ltd. Sponsored GDR
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Trade ideas
Technical Analysis for ABCapital Ltd Overview:
In the weekly chart, ABCapital Ltd has displayed an impulsive wave, followed by a corrective wave pattern. Additionally, a bearish crossover of the signal line over the MACD line has been observed.
Analysis:
The stock exhibits a potential shift from bullish to corrective sentiment.
Bearish MACD crossover signals potential downside momentum.
Disclaimer:
This analysis is for informational purposes only and should not be considered as financial advice. Trading involves risks, and past performance is not indicative of future results. Please conduct your research and consult with a financial advisor before making investment decisions.
Note: Replace "Ticker: #ABCAPITALLTD" with the actual ticker symbol for ABCapital Ltd.
AB CAPITAL --POSITIONAL TRADEAB CAPITAL --POSITIONAL TRADE - technical
1. AB CAPITAL seen trading currently at upper channel
2. stock close near breakout retest level around 185-186 which is also support zone of upper channel lower level .
3. positional entry can be imitated for 15-days at current level 186 for target 190-195-200 + stop loss bellow previous support line at 174 level .
4. stock trading above 50, 200 sma .on daily chart. RSI at mid range .
** This idea is for Educational purpose ..Trade at own Risk .
HAPPY TRADING. !!






















