ABCAPITAL trade ideas
150+ TARGETS ABC TO FIRE ALL IT'S CYLINDERS IN THE COMING WEEKS--> Market Analysis : Nifty50 Is In Uptrend
--> Sector Analysis : Financials And Banks Are Ready For Breakout
--> Stock Analysis : Done On The Chart
Buy On Breakout Of The Channel Pattern ( Very High Probability )
Target 1: 130
Target 2: 140
Target 3: 150++
S.l : Below The Breakout Candle
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AB CAPITAL: BEST SWING TRADING STOCK TO KEEP AN EYE ONAB Capital (D): The stock witnessed buying interest due to impressive Q1 results of posting highest ever net profit, also the IPO of Aditya Birla AMC is getting closer.. Furthermore, bulk of the volume was witnessed post the afternoon session. The stock is on the verge of witnessing a stage-2 consolidation breakout. Keep a close eye on this stock. Targets can be of 140 levels and beyond.
ADITYA BIRLA CAPITAL SHOWING BULLISH SIGNSA sustain over support turned resistance along with MACD crossover and sustaining over moving averages.
This might be risky but a successful breakout would help company achieve new highs .
Only for educational purposes.
JUST DO YOUR OWN RESEARCH.
# BE INDEPENDENT
Breakout and retest - Great risk rewardWeekly chart is viewed for positional view. And my positional view on ABCAPITAL is quite positive. This has the potential to double from here.
Retest is completed and best entry would be after the trendline breakout which should happen in 2-3 days.
Please note that this is only my view for educational purpose. If you want to trade, please do it at your own risk