MULTIYEAR BREAKOUT IN ABCAPITAL...NSE:ABCAPITAL trade at 236 level, After break 250 level, You can watch for an huge upside movements. Stock ready for giva a breakout after 7 years.
ABCAPITAL
ABCapital Near its ATHOn monthly charts, stock has created inverted head and Shoulder pattern. Stock is consolidating near multiyear resistance and its all-time-high. short term target can be 260. If it sustains above 265, stock can show massive rally towards 450-500. But it will take time. Still, its good entry point if you can hold it for next 3 years.
Disclaimer : this is not stock suggestion. ideas are for educational purpose only.
BUY AROUND 111 AVG @103 TGT 130/140 SL BELOW 99The stock had given an inverted hammer on weekly chart and expected to give a minor dip which will be good entry for longs. The company is giving almost same performance from last four quarters and is expected to give a breakthrough in the next quarter
Navigating ABCAPITAL's Elliott Wave JourneyWeekly Time Frame:
Elliott Wave Analysis: ABCAPITAL has completed wave (4) in Blue on the weekly time frame and is possibly unfolding wave (5) in Blue.
Current Stage: A closer look at the daily time frame reveals the completion of wave 1 in Red, and a potential near-completion of wave 2 in Red.
Invalidation Level: Strict invalidation set at the low of wave 1 in Red, pegged at 155.
Daily Time Frame:
Next Phases: Anticipating the commencement of wave 3, followed by wave 4 and wave 5 in Red, completing wave (5) in Blue on the weekly.
What if Scenario:
Break Below 155: If the price breaks below 155, the low of wave 1 in Red, we might assume a more complex correction with the possibility of double corrections within wave (4) on the weekly.
Risk Management:
Traders are advised to incorporate risk management strategies, including setting stop-loss levels to mitigate potential losses.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Aditya Birla capitalABCAPITAL Weekly chart waiting for breakout and on it then we buy on dip first target 199 & Second Target 250.
ABCapital - Elliott Wave CountABCapital - Elliott Wave Count
This is an update to the previous view.
still, the market is in correction and can expect another low. whoever takes a long position based on our earlier view can book the profit here and wait for a reversal from the 170 range.
Please exercise caution when trading as this information is for educational purposes only.
NSE:ABCAPITAL1! BSE:ABCL1! NSE:ABCAPITAL BSE:ABCAPITAL
#BIRLAMONEY 62 TGT 79 @in_Tradingview Buy - Rachit SethiaBIRLAMONEY
CMP 67
TGT 79
SL 62
Return ~ 20%
TF 6months
RR >2.5
NSE:BIRLAMONEY
#BIRLAMONEY
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
ABCAPITAL - Wave countABCapital - Elliott wave analysis
ABCAPITAL - It's time to close short positions and buy once the market breaks the channel and returns inside.
If the red line breaks, the view is invalid. Trade with caution.
NSE:ABCAPITAL1! BSE:ABCL1! NSE:ABCAPITAL BSE:ABCAPITAL
ABCAPITALNSE:ABCAPITAL
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Long For ABCAPITALABCAPITAL trading near breakout level.
If stock trade upper side 160 it will give almost 30-50 points.
ABCAPITAL : ascending triangle patternABCAPITAL trading in ascending triangle pattern Keep eye on breakout of pattern
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
ABCAPITAL - Bullish Momentum BreakoutNSE: ABCAPITAL is closing with a bullish momentum breakout 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 been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
AB CapitalAB CAPITAl Above 155
SL 148
Target 162++
Can add more above 162 for new high.
Swing/Positional
ABCAPITAL HAS GIVEN A STRONG BREAKOUT ABCAPITAL has given a strong breakout, from CMP we can easily achieve 1:1 1:2 Risk Reword.
AB CAPITAL HAS GIVEN A GOOD BO OF A SMALL PATTERN.ABCAPITAL has given a BO of a pattern here by taking a small SL we can achieve 1:1, 1:2 RR
AB Capital intraday view i.e. 29/08/22AB Capital intraday trading idea. all the level marks on the chart.
ABCapital looks strong after breakoutStill now did not seen Red candle on NSE:ABCAPITAL .
Looks like the weekly breakout will sustain. Expecting a good move above 115
My view on ABCAPITALABCAPITAL should give breakout above 105.00.Target looking 107.50-109.00-110.50++.Also keeping on radar ABCAPITAL 105 CE.
ABCapital breakout AB Capital is looking good as it is on the verge of inverse head and shoulder breakout. Plus inside bar is activated on daily chart. Go long for the short term targets of 130 and 140.
ABCAPITAL breaking its trendline NOT A TIP OR CALL
. breaking its trend line
. sell on retest
. see the price action at the trendline
NSE:ABCAPITAL
AB CAPITAL ANALYSISTrading in a range from past 5 months, might be getting ready for a breakout soon, keep an eye on this stock, could be a fast runner post-breakout.
ABCAPITALAditya Birla Capital
Monthly Chart Analysis - long term view
Price consolidation seen in a tight range
Expecting a good up move in SWING setup (10-15-20%) and higher in long term holding (2-4 months)
**Educational view
