Flag Breakout in ABCAPITALABCAPITAL gave Flagbreakout and resistance break (Precovid level) with high volumes.
But because of raising covid levels we can't expect much upmove for sometime.
ABCAPITAL trade ideas
Posted earlier with trendline support, now a breakout! Stock seems to have broken the symmetrical triangle with volumes
Reasons for long:
1. Symmetrical triangle breakout
2. High volumes
3. Bullish in bearish Market
4. Regained all major EMAs
5. RSI showing strength
CONSOLIDATION OVER?This is Weekly Timeframe.
AB Capital was in consolidation form March 2021.
While consolidating it had took 3 time major support.
The very 1st time it came near previous resistance acting as support now,
it formed dragonfly doji and gave strong rejection.
The 2nd and 3rd time it came near support,it bounced back with strong volumes and formed double bottom pattern at support
and gave breakout from the channel.
The MFI is near overbought zone.
If it moved up well then the target can be 52 week high which is 139.70.
If as per the market scenario, for a safer exit, I would exit a little below resistance zone which is at 135-139.
This post is for information purpose only.
ABCAPITAL: Huge targets ahead.Here is the stock I was looking very very closely for weeks and finally the strong indication of up side move is here.
I suggest you to enter into the trade when it retests the trendline. For aggressive traders, enter at your will. Keep an eye on targets.
BTST: ABCAPITAL on 3rd December 2021It is always a good idea to go with the momentum. Focus on changing portfolio everyday by taking BTST trades which lowers yours risk and maximises your returns.
ALWAYS GO WITH THE MOMENTUM, NEVER TRY TO CATCH A FALLING KNIFE.
Buy Today Sell Tomorrow (BTST) trades are the best in my opinion in every market conditions
- Take trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
AB Capital | Flag BO | Golden Cross Over | 25%-50% PotentialNSE:ABCAPITAL
Flag Breakout CMP > 112
Tgt : 140 -148 - 168 - 192
SL : 99
Potential : 25% - 50%
Golden Cross Over and RSI > 58 on Weekly Charts
Golden cross and MACD PositiveClose above 120 can move it swiftly. Stoploss at 99. Breaking out with good volumes.
Disc: Not a recommendation.
positional Trade: watch for channel breakoutbuy on breakout of trendline when it sustains above 116 level
keep sl below 95 for positional
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
weekly parallel channel now at turnaround pointfinancially getting strong
weekly timeframe parallel channel
ask for entry details iff needed
Mid Term Call---ABCAPITALFlag and pole pattern is forming in the charts + RSI divergence can be clearly seem.
We can go long in the scrip for Mid term Target of Rs 139
Abc capital breakout at 2hrthis analysis is only for education purpose!
Abc capital Breakout done waiting for retesting!!
B- 100
SL- 95
T- 130
time to be bullish on Aditya Birla Capital Ltd.my view for investing / trading in ABCAPITAL-
1. company revenue as well as profit is increasing yearly.
2. on chart, daily candle is making double bottom pattern.
3. some serious buying happening since 2 days, supporting double bottom pattern
4. recent Q2 result was good and company is working on betterment of financials.
this analysis is for education purpose only.
Long in ABC capital.NSE:ABCAPITAL this analysis is only for education.
do trade your own risk..
buy at 100 price and target 130, stoploss- AT 95
ABCAPITALAbcapital is forming a falling wedge pattern and today is result also if result will be positive it maybe chance to break upside and a good rally can be seen. upside possible target can be 136 or 140. if it closed above 115. Entry can be take at 105 with strict sl. after breakout it will be more good.
Demand Zone Pick Up and Low Risk Set Up ✌✌This scrip is at Demand Zone and it is expected to give some Short Term Return. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
ABCAPITALABCAPITAL (W):- 101 CMP, looks good for more upsides keep track :)
Invaild Below 75 WCB SL
ABCAPITAL now in uptrend (As per Dow Theory)
Since February 2021 (9 months ) Rs.97 Act as Strong Support. Since February 2021 (9 months ) Rs.97 Act as Strong Support.
AB Capital Buy - CMP
SL - 88 Below Daily Closing Basis.
Target - 140-150-170++
Time Frame - Till Holi 2022..
The SmallCaps Are Bleeding And This Is The Moment To Capture Good Stocks..
Available At The Support Levels .
Perfect Risk Reward Ratio ..
