US0070261070 trade ideas
ADITYA BIRLA CAPITAL - NEAR TO ENTRY PRICECan Enter at 160
if again falls then you need to average at 140 level
Target - 200+
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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 Capital (Down trend will continue)The stock is forming series of lower highs and lower lows , and provides break of structure to the downside.
Their is fair valus gap present which needs to be filled before making further down move from extreme zone.
Always trade with more confirmation , both lower and higher time frame needs to be in sync.
Aditya Birla Capital Ltd At Discount 8-)Key Points
Diversified Portfolio
The co. has a portfolio across Lending, Insurance, Asset management, and Other services which caters to a wide range of customer segments, needs, channels, and geographies.
Company is almost debt free.
Company has delivered good profit growth of 31.4% CAGR over last 5 years
Company's median sales growth is 26.0% of last 10 years
Market Cap ₹ 42,022 Cr.
Current Price ₹ 162
High / Low ₹ 199 / 133
Stock P/E 251
Book Value ₹ 51.0
Dividend Yield 0.00 %
ROCE 1.84 %
ROE 1.41 %
Face Value ₹ 10.0
AB Capital long this stock many time sideways correction . AB Capital stock first price come down wave A,B,C,D or E and breakout failure . Failure Wave Count X wave and price again come normal flat correction .
First Correction name Triangle Wave count A,B,C,D OR E AND internal wave a,b or c
Second correction name = Normal flat count Wave A,B or C
Wave A internal = a,b,c
Wave B internal = a,b,c
Wave C internal = 1,2,3,4 or 5
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
ABCAPITAL - Cup and Handle patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
ABCAPITAL: Breakout 🕯ABCAPITAL: as first BOS above 132 & Now BOX Breakout candle above152
Time frame : WEEKLY
Observations:
1. Already BOS above 132
2. Yesterday Breakout above 152
3. very good volume participants
4. Stop 132
Entry CMP to add kore near 145 Stop 132 Target 188 224 248+++ to long holdings Target 444 666 888+++
Disclaimer: Our view only for Educational purposes
Aditya Birla Capital 5 year breakoutAditya Birla Capital has given a 5Y breakout with good volume. Also bounce back from 50% Fibonacci retracement. RSI is 65 showing strong buy zone.
Buy price - 162-165
Target 1 - 178 which is 10%
Target 2 - 194 which is 20%%
SL - 154(5%)
Disclaimer : This is for educational purpose only. Take advice from your financial adviser before investing.
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