ABCAPITAL trade ideas
Breakout in ADITYA BIRLA CAPITAL After flat top/ascending triangle breakout happened in NSE:ABCAPITAL
As a bullish trend indication current trend gave higher high and lower high
Also bear trend is also breaked
Target1= 173-200
ABCAPITAL | Looks yummy for 40-50%ABCAPITAL | Looks yummy for 40-50%
CMP : 144 (Dip : 130)
SL : 110
Target : 210
AB Capital Ltd.AB Capital Ltd.
ABOUT
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.
KEY POINTS
Diversified Portfolio
The co. has a portfolio across Lending, Insurance, Asset management, and Other services which cater to a wide range of customer segments, needs, channels, and geographies. The main companies under its portfolio include Aditya Birla Finance, Aditya Birla Housing Finance, Aditya Birla Sun Life Insurance, Aditya Birla Sun Life AMC, Aditya Birla Health Insurance, etc.
Revenue Split
Life Insurance- 51% in FY21 vs 11% in FY18
NBFC- 27% in FY21 vs 72% in FY18
Housing Finance- 6% in FY21 vs 2% in FY18
Asset Management- 6% in FY21 vs 32% in FY18
General Insurance Broking- 3% in FY21 vs 3% in FY18
Stock and securities broking- 1% in FY21 vs 1% in FY18
Health Insurance- 6% in FY21 vs (13%) in FY18
Other Financial services- 1% in FY21 vs (6%) in FY18
Marketing Network
The subsidiaries of the co. have a nationwide reach with 950 branches and more than 2,00,000 agents/channel partners and several bank partners.
AUM
The co’s AAUM grew 7% Y-O-Y and it was ₹2,81,035 Cr in FY21. Its equity AAUM grew 11% Y-O-Y and it was ₹96,934 Cr in FY21
AUM across asset management, life insurance, and health insurance businesses grew by 10% Y-O-Y, to over Rs 3,35,000 Crore. The overall lending book (NBFC and Housing Finance) was ~ Rs. 60,000 Crore. The gross premium (across Life and Health Insurance) grew 25% year-on-year to Rs. 11,076 Crore, with the retail mix at 72%.
TECHNICAL ANALYSIS.
Time Frame - 1D.
1. Stock may face resistance of 139/140 (Breakout 140+)
2. Aggressive long in FUT.
3. Delivery volume is quite high compared to previous sessions.
FUNDAMENTAL ANALYSIS.
Sector: Finance.
Industry: Finance & Investments.
1. Market Cap - ₹ 32,700 Cr.
2. Stock P/E - 17.0
3. Price to book value - 2.00
4. Debt to equity - 4.17
5. Free Cash Flow - ₹ -5,247 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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ABCAPITAL for 150 to 180 positiinalBreakout and then retesting ABCAPITAL looks good and fundamentally strong also
ABCAPITALABCAPITAL:- Stock is forming both double bottom and W pattern on weekly chart and is going to give breakout for 5 years keep watch.
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.
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Ajay.
keep learning and keep earning.
ABCAPITAL ANALYSIS IN 4H TF28/11/2022
LONG SIDE TRADE
SWING(4H)
ABCAPITAL
CUP&HANDLE pattern brekout in 4h tf with high volume.
Risk adverser can wait for retest and risk taker can initiate the trade with buy above the high.
ENTRY-136.1
SL-128.25
TARGET-144
R:R-1:1
It is ICING ON THE CAKE if it comes to 133.5.
ABC: AB Capital : Breakout ReadySymmetrical triangle (Pennant) breakout happens. Let it stay above the next immediate resistance 115. Then go long.
Buy above 115
Target-1 120, Target-2: 128
SL: 109
aditya birla capital nearing breakoutcurrently trading near breakout
Breakout near 138
MACD, DEMA, BB and SMA are perfectly positioned
T1- 155
T2- 164
Financials improving QoQ and YoY
ABCAPITAL - Ichimoku Bullish Breakout Stock Name - Aditya Birla Capital Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 140
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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AB CAPITAL - RETEST OF CUP & HANDLE @ NecklineDownward Wedge Formation & Volalitility contracting - stop loss can be placed @ 120 levels.
Breakout happened at high volumes and retest is happening at low volumes which gives us comfort in this trade.No major
selling happened in the GREEN candles.
On a hourly time frame price is still bearish, buy only above 127.
AB CAPITALChart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ABCAPITAL | Good for Long NSE:ABCAPITAL
Cmp : 128.45
Entry : Cmp or near 127
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
Aditya birla capital GREAT BreakoutInverted head and shoulder breakout which is breaked after 8 months. So a great opportuinity. Grab it Now.
Aditya Birla Capital - Cycle turnaroundTHe NBFC cycle has been among the worst hit overall since 2018/19. With all the talk about India's credit cycle also turning around NBFC's should move strongly too.
Watch for the entire sector to start showing strength again.
AB Capital is forming an inverted Head & shoulder pattern.
50% long above 123 and doubling up above 134. Stoploss below 119.
ABCapital Short Positional Setup.A positional short setup with a defined target and stop-loss for Aditya Birla Capital.
ABCAPITAL LONG SETUPABCAPITAL has been consolidating in same range from very long time and chart looks ready to blast upperside.
Resistance levels of trendline tested multiple times and if price breaks above 125 then a non stop rally till 160/180 will be observed. This analysis is for equity cash only.
Aditya birla capital bull viewHi Everyone,
Hope the price moves as we expect
Comment your thoughts on this stock
AB CAPITAL - BullishInside Bar in Weekly
Accumulation In daily
Trend Line Break in Weekly
Volumes Exceptionally Good
Delivery Volumes are on the Higher Side
Expecting Stock to reach 138 once it crosses and sustains 118
View negates with close below 112
ADITYA BIRLA CAPITAL (ABCAPITAL)the chart is self-explanatory.
upside potential > 15%
TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
