ABCAPITAL cup and handle Breakout in monthly chart near lifetime highs. Can be double from here. Disclaimer:- Not any recommendation and shared only as informational purposes. Consult your financial advisor. No one will be responsible for any profit or loss
Hi,
NSE:ABCAPITAL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and...
AB Capital is looking good for short term/long term. it broke trendline on weekly chart & flag & pole pattern. one can buy it for the target of 200/210 with SL of 160.
FOR 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...
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
ABCapital which is the finance company of Aditya birla group is available at an amazing valuation.
Stock has given a flag breakout last week with volumes and on road to complete its rounding bottom pattern.
If the stock breaks out from pattern, we can see an amazing rally of around 50% in the stock.
If Nifty Bank crosses 48000 next week, this stock should move...
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...
📈 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...
If 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...
