ABCAPITAL trade ideas
Short term PositionBuy this stock for short term. Buy after it crossing 126 then it will reach near high swing
AB Capital currently trading in channel if breaks this channel with volume than 139 in no time.
currently will face resistance around 131 should at this level.
please refer the chart .
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Ascending triangle patternAn ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
🎯 Bullish view on #ABCAPITALNSE:ABCAPITAL
🔴 Buy range between 114 - 116.... Buying at pull back would be a better option.
🔴 Stop loss - below 105
🔴 Target 1 - 125
🔴 Target 2 - 130
🔴 Target 3 - 140
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
[ INTRADAY ] ABCAPITAL SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Ascending parallel channel in ABCAPITALLong position in ABCAPITAL on daily candle closing above 139
Entry Levels - 140 - 145
TP - 188,195,200
SL - 115
R;R - 1:2+
This is my personal take on this stock & is not a trading advice, please manage your risk always
ABCAPITALCMP: 124
Falling wedge breakout can be seen in daily timeframe.
Increasing volume.
Support: 95
Expectation: 146, 171
AB CAPITAL If it sustains above 140, expecting a good upside
Chart just for study. its not a buy or sell recommendation.
AB CAPITAL Has Completed An 8-Month-Old Correction.According to the Elliott wave principle, AB capital has finished the corrective wave ((iv)).
Price carrying on the impulsive wave (v), yet traders shouldn’t take the position without a proper signal.
If the price breaks wave (X) , the price will surely make a new high because it will give evidence of the impulsive move.
Price may take retracement as wave x works as a resistance which can be the best entry for bull traders.
We can see the following targets:
127.70
138.96
151.2
165.9+
Invalidation: breakout of the minor channel.
TRENDLINE BRAEKOUT IN ABCAPITAL In chart as you can see previously trendline which I have drawn as a channel there in chart has acted as a strong trendline resistance, price got pushed down every time it touched the zone/trendline/resistance channel. A Strong Breakout with such huge/unusual volume can be seen in chart and also breakage in (Lower Low) LL- (Higher High) LH cycle, can be a good pick for medium term or for like 5-8 weeks. Can be bought here at these current levels or else go for buy on dip till 112-113 level for the given targets in the chart with strict Stop-Loss of 110 level (candle closing below basis only) . Consider booking partial profits at/near/around given targets.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF DESCENDING TRENDLINE BREAKOUT. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
ABCAPITAL:WEEKLYBUY: SUCCESSFUL RETEST # FINANCIALFOOTPRINTSA very smooth and curvy reversal of weekly trend.
A successful retest and breakout of previous high will give momentum to the stock.
MACD & RSI indicator is very positive.
Its above 20 & 50 MA.
I am very confident on this trade in a long run.
ABCAPITAL TARGET 149 BULLISH MODE ABCAPTIAL under breakout. Longterm investment. The monthly and weekly trend breakout.
ABCAPITAL - LongABCAPITAL
Ascending triangle breakout after good consolidation. Volume verifies the same.
abcapitalbuy only above 119 hourly close
for first target around 128 and then 139 respectively
sl can be around 4-5%
ABCapital #Bullish #TAViewStock is forming HH, and HL. Pulled back upto 127 and moved up. Volume is increasing
AB Capital : On verge of Break OutAB capital is on the verge of Break out. Infact entire group is in focus as promoters are buying continuesly. Seems accumulation done and getting ready for upside. keep on radar.
