ABCAPITAL trade ideas
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.
ABCAPITAL DAILY CHART TELLING SOMETHING TO USNSE:ABCAPITAL
ABCaptila on daily chart showing strenght to move up.
Near 68.4 it will face some resistance but it may likely to be taken out.
Sl can be kept near 57
There is nothing much to explain about chart its nice and simple.
This view is only for Swing trade, Positional, Short Term or Long term.
Please do note this is my personal view kindly avoid trading without taking any advise from your financial adviser.
AB Capital, right time to start investing?Hello Friends,
AB Capital is down trend channel. A solid reduction in price by 60% from the ICO price making the stock attractive. Fundamentally, Company is not doing bad for the price to reduce, it reduced because it was over valued.
So it is time to invest, can it turn like other holding companies? only time can tell.
Technically, there is wedge inside the channel and price is trying to breakout the wedge (first step to break the trend)
Watch it and buy it. I am an investor, so I have added AB Capital to my portfolio for a target of 200+ in 3-4 years.