Abcapital_analyais
ABCAPITAL : ascending triangle patternABCAPITAL trading in ascending triangle pattern Keep eye on breakout of pattern
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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 - Long Term Bullish and Buy CallBuy when price moves above 82.5, currently at resistance @77 - 79 range. First Target of 105 - 112 and then take your own call and see if you want to hold for further target of 140 or exit before it.
Volume movement is pretty good for last 2 days.
Over the last 5 years, market share increased from 4.84% to 17.29%.
Over the last 5 years, revenue has grown at a yearly rate of 44.46%, vs industry avg of 11.78%
Overall seems to be a promising stock.
As always please do your own analysis before even thinking about investing.