Ab_capital@SupportCurrently Ab capital is trading @ Support Area.
Kindly find chart for discription.
Happy Trading!!
ABCAPITAL trade ideas
AB CAPITAL, LONGAditya Birla Capital, AB Capital stock has seen huge correction (value erosion after IPO) from Yr 2017 upto Yr 2020, from the High of 255 to Low of 39 in the span of 3yrs. The stock rode the wave of bullish sentiments in the stock market after Covid19 and touched the high of 199 in July 2023. The stock is close to giving multi-year breakout (7yr) based on Cup-Handle pattern. The fall and rise is very close to rounding bottom pattern which gives the specified target. The lines are key support / resistance levels.
ABCAPITAL NEGATIVE RSI DIVERGENCE Aditya Birla Capital Ltd. is an interesting chart with bearish formations:
1. RSI on daily chart crossed below 40
2. RSI on weekly chart crossed below not only 60 but also below 100 SMA on RSI
3. Negative Divergence on RSI on weekly chart
4. Price formed Three Black Crows candle stick pattern on weekly chart
5. Price crossed below 50 Day Moving Average.
6. Double top like pattern under formation on weekly charts
NEXT Major Support at 213 and 200 levels i.e. 100 day and 200 day Moving Averages.
CAUTION : Fall in price is followed by lower volumes and may be because of profit booking before an event. so better look for sell near resistance i.e. 240-250 zone and as per one's own risk reward with strict stop losses.
Lets See how it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look have some with my own Risk Reward matrix.
AB CapitalDate 10.07.2024
AB Capital
Time Frame : Day Chart
Remarks : Stock is in the channel where upper range, middle range & lower is defined to take trade based on exit or bounce from area based on price action.
Kindly see day end closing candle, price action for confirmation & nearest exponential moving average such as 5 ema or 9 ema etc
Regards,
Ankur
Aditya Birla Capital (ABCapital), one simple line setup-Posted great growth results 🚀
-overall sector strong
-Young stock, came out from long base breakout
-Tightness on daily n weekly timeframe too. (3WTC)
-Good shakeout (50 ema)
-Volumes good too
Multi year breakout stockRound Bottom Breakout Setup
RSI above and rising
Trading above EMA50
Volume increasing
Multi year breakout
Testing ATH
Enter after confirmation
Disc: for study, not a recommendation
AB CAPITAL READY FOR LONG TERM SWING TRADERefer 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 action.
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AB CAPITAL IS LOOKING GOODHi
AB Capital is making good ascending triangular pattern on daily time frame and on the verge of giving breakout. If it sustains above 244. Buy for the positional target of 273 with SL of 236.
Keep following and sharing ..
AB Capital, One Simple Horizontal Line setupMonet management related stocks performing good.
-yesterday gave wick, hunt down many stoplosses
-came out from long base
-good shakeout (50 ema)
Long ABCAPITALABCAPITAL is looking good as per time cycle analysis.
Breakout make this script target 293
SL 230
AB Capital ready to rock!Easy Reading, Above Monthly 254 Close it can give a good momentum for the levels highlighted in chart. Accumulate for 2 years minimum.
abccapital is breadking badtredndline breeak down
is ike falling wedge , like something is falling down instantly
AB Capital holding on to its breakout levels comfortablyAB Capital holding on to its breakout levels comfortably. We can see a good upmove with the given Sl.
ABCAPITAL - Triangle PatternABCAPITAL is making a Triangle Pattern at 2hr Chart, now 208 has become a support after the previous Resistance. Probability of going up for 240 target.
It has taken support at lower Trendline for 4-5 times. If it doesn't break the upper trendline now, then it may again touchdown 214-218 and reverse from there.
For learning and education purpose only!
ADITYA BIRLA CAPITAL 230 CETraders can buy AB CAPITAL 230 CE May month expiry, if price today sustain 230 by 3.15 pm.
This trade applicable for 1 week only
Daily Bullish Flag Breakout in Aditya Birla CapitalHi,
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 targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Stock to watch Stock to watch
ABCAPITAL
+ Prior Uptrend
+ Above Key EMAs
+ Volume and Volatility contraction in progress
Aditya Birla Capital Cup and Handle PatternApprox 8 year Consolidation of price below IPO price ready to move fast after breakout.
ABCAPITAL intraday to swingABCAPITAL can give a good swing or intraday trade with a small and decent stoploss
ENTRY- 234
STOPLOSS -232
TARGET - 240, 242++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
Swing Trading Opportunity in AB CAPITAL
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 action.
TO CONNECT WITH ME CHECK OUT MY BIO.
If you like this Idea, Please do like my ideas and share it with your friends. check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
Bullish breakout - ABCAPITALABCAPITAL (cmp 214) seems to have broken out on Monthly Chart. Volume too is supporting this breakout.
Falling channel breakout plus the FIBO extn projections give a possible target of about 255 odd levels in few months time..
View becomes invalid for a monthly close below 185 level.
Disclaimer: This is just a view for educational purpose. I am not a registered advisor. Please contact your Financial Advisor before taking any trade.
Bullish Breakout: ABCAPITAL Poised for Upside Towards 260Details:
Asset: Aditya Birla Capital Limited (ABCAPITAL)
Breakout Level: Above recent resistance, indicating bullish sentiment
Potential Target: 260
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Aditya Birla Capital Limited (ABCAPITAL) has recently experienced a breakout above a key resistance level, suggesting a shift in sentiment towards bullishness. This breakout indicates potential upward momentum, with the stock poised for a move towards the 260 mark.
Market Analysis:
Technical Breakout: ABCAPITAL's breakout above resistance signifies increased buying interest and the potential for further upside movement.
Market Sentiment: Positive market sentiment or company-specific factors may be contributing to the bullish outlook for ABCAPITAL.
Price Target:
ABCAPITAL's breakout suggests a target price of 260, representing potential upside from the breakout level.
Risk Management:
Implementing a stop loss strategy below the breakout level can help manage risk in case of adverse price movements.
Timeframe:
The projected target of 260 is based on a short to medium-term outlook, but actual timing may vary depending on market conditions and catalysts.
Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to achieve a favorable risk-reward ratio.
As always, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making investment decisions.
