long term investment; min 70% returns; channal trend linefundamentally strong stock
channel: trading inside channel. Probability for bullish is high
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
trendline is not broken yet,
if you are intrested in investmet, go for it with small risk,
more possibility is there to breakout.
ABCAPITAL trade ideas
Setup - Hight tight flag | Part - IThis is the first part of the video series where I will explain how a high tight flag setup should look like. This will help you shortlist your focus stocks from the stocks that your scanner throws out.
A high tight flag setup should have the following characteristics. Here I am using daily timeframe:
- The pole is steep. Means high percentage move in a few days.
- Pole consists of big and high volume candles which close at top of the range
- The flag (pullback) should be shallow - retracement less than 50%, preferably less than 30%
- The pullback length should be less than 10 candles. More than 10 indicates lack of buying urgency from institutions, hence dying momentum
- From left to right the flag should get tight (small range candles) and volume should start drying indicating lack of sellers
We go through these three examples to explain the point above:
- IRCTC
- CHOLAFIN
ABCAPITAL
POSITIONAL BREAKOUT AB CAPITALHello friends I am sharing a Positional Breakout on Monthly time chart of AB capital as you can see that stock was trading into a triangle pattern earlier and currently after breaking the resistance of that Triangle now it is very well sustained above that resistance trendline considering as support so I am taking this as a positional breakout because I am using monthly time frame chart for this idea and breakout so I am looking that bullish momentum will continue in this stock in coming months for the potential targets of 196 levels and 250 levels with the stop loss of 131 below close on monthly candle, on the other hand price is trading above on all moving averages that is 20, 50, 100, 200 EMA on Daily and Weekly chart from the bottom you can see I plotted RSI indicator which showing the strong signs of good strength with Higher Lows and Higher highs and Current levels is 60 plus RSI on monthly chart and that is good enough after a reversal in stock which is very important for uptrend continuations, The targets are looking so lucrative according to risk to reward ration and that is stop loss is 14% against the Target 1 of 28% and second Target is 62% with the same stop loss of 14%.
TARGETS AND STOP LOSS-:
CAUSE OF LONG-:
1-: Triangle Breakout.
2-: RSI INDICATOR STRENGTH.
3-: Apart of Technical Company is posting consecutively good results from 2018 with higher revenues and with Growing net profits too.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Bullish Flag Pattern breakout seen in Aditya Birla CapitalABOUT COMPANY:-
Aditya Birla Capital Limited, the holding company for the financial services businesses of the Aditya Birla Group, is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages
Market Cap
₹ 39,812 Cr.
Current Price
₹ 165
High / Low
₹ 166 / 85.6
Stock P/E
8.61
Book Value
₹ 67.7
Dividend Yield
0.00 %
ROCE
8.20 %
ROE
11.4 %
Face Value
₹ 10.0
Debt
₹ 68,328 Cr.
EPS
₹ 19.2
PEG Ratio
0.34
Promoter holding
71.0 %
Intrinsic Value
₹ 180
Pledged percentage
0.00 %
EVEBITDA
10.9
Well we already have seen bullish flag pattern breakout, and other major indicator also giving positive crossover in this ticker. So we can assume this is going cross all time high very soon and now big player also gonna to join this momentum. Chances are very high we can see all time high in coming 2-4 months. Company has delivered good profit growth of 25.6% CAGR over last 5 years. Buy for long term also as this is one of very reputed group in india. If you horizon for trading then do not forget to put stop loss.
If you guy's like my work please like, follow and comment.
Thankyou:))
ABCAPITALNSE:ABCAPITAL CMP: 157.7
SL: 131
Initial Target: 255(ATH)
If holds and crosses, 248 then target 280(as per pattern).
RR(For first target): 3.5:1 (for target 255). Beyond that it improves
Reason:
1 - Finance Service index looks good.
2 - Stock looks like breaking out of Inverted H&S Pattern.
3 - Above all moving averages on Daily and Weekly
4 - RSI is above 50 and looking good.
5 - MACD looks positive.
6 - RS is +ve.
Note - Notice the right shoulder is not as low as the left shoulder. Again, just the reverse of the regular head and shoulders pattern where the right shoulder was not as high as the left, indicating weakness. But in this case the right shoulder is not as low as the left, and this is indicating strength. It's a bullish continuation Inverted H&S Pattern.
Fundamentally also, this stock looks good. I'm not going into the fine prints of fundamentals of this entity in this post.
Disclaimer: The buy and sell recommendations provided in this report are for informational purposes only and do not constitute financial advice. The information contained in this report has been obtained from sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. Any opinions expressed in this report are subject to change without notice.
Trading stocks involves substantial risk, including the loss of all or a portion of your investment. Before making any investment decisions, you should carefully consider your financial objectives, risk tolerance, and financial situation, and consult with a financial advisor if necessary.
The information and recommendations provided in this report are not intended to be used as the sole basis for making investment decisions. You should conduct your own research and analysis, and consult with a financial advisor before making any investment decisions.
The author and publisher of this report are not responsible for any losses or damages arising from the use of this information. By accessing this report, you agree to hold the author and publisher harmless from any losses or damages arising from the use of this information.
Additionally, I welcome any corrections or feedback on this analysis. Please feel free to share your thoughts and perspectives in the comments section.
I hope this helps, and best of luck with your technical analysis!
ABCAPITALABCAPITAL:- Cup and handle pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
► ADVANCE PATTERN #27: ABCAPITAL ◄► ADVANCE PATTERN #27: ABCAPITAL ◄
📌 Levels are mentioned on chart for ❝Swing trading❞.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Entry: ▲ 160
SL: ☢ 150
Target: ➚ 210
RR: ☈ 1:5.0
☆ Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✮ Disclaimer ✮
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
---------------------------------------------------------