My analysis is large capital company with good returns.
Key piont is Make cup and handle pattern look into chart how was possible to Target reach . Road map create for our target is 230, 300 but .. respect to SL .. LIKE ME .
Company has delivered good profit growth of 47.2% CAGR over last 5 years
Shareholding pattern (%)
As On Dec-23
Promoter 69.0 %
DII...
now ABCAPITAL has a good breakout, if the trend is consistent then it will reach on given targets
SL is below 140
follow me, any suggestion give me, please
ABCAPITAL
# AB capital reported strong quarterly Report on Jan 5,2024.
# Banks net Income increased 12% year-over-year.
#Company Announced a New Partnership with Leading Fintech company to enhance its digital Banking services.
#Company Announced the Acquisition of a Small region Bank in South East Asia, which is Boost International Operations.
#...
ABCAPITAL is an interesting chart with following
1. RSI on daily and Monthly chart above 60
2. AB-CD pattern under formation on weekly chart
3. Price formed a bullish candle on Weekly chart with huge Volume
4. Narrowing Bollinger Bands on Weekly charts
5. Can be a good Risk reward with Buy on Dips and dips only for a price target of 198-211-225 and positional...
NSE: ABCAPITAL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has reversed at key support area which is indicating demand.
One can look for a 16% to 24% gain on deployed capital in this swing...
Reason for long
a) channel breakout
b super vwap breakout
c) weekly breakout
d) monthly breakout
e) Good risk reward zone
f) SL compulsory
g) Consolidation breakout
h) QQE breakout
I) volume spurt
fundas okay, but looks little stream left Hence SL compulsory
Overview:
In the weekly chart, ABCapital Ltd has displayed an impulsive wave, followed by a corrective wave pattern. Additionally, a bearish crossover of the signal line over the MACD line has been observed.
Analysis:
The stock exhibits a potential shift from bullish to corrective sentiment.
Bearish MACD crossover signals potential downside...
This stock formed a Head and shoulder in monthly chart and it also has flag pattern in monthly chart,now it has broken weekly flag pattern as well,so go for a buy in this stock it has a potential of 36% from CMP.
