Abcapital_long
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
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"
AB Capital intraday view i.e. 29/08/22AB Capital intraday trading idea. all the level marks on the chart.
ABCAPITAL looks good for Breakout in Weekly TimeFrameNSE:ABCAPITAL
Abcapital looks good for potential breakout in Weekly . breakout might be happen around 112-115. but after breakout , NSE:ABCAPITAL might do consolidation or trendline retest . hence need to be watchful
A/c to Derivative Data
1. New Long addition seen
2. High Interest in Future Open Interest
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.
AB Capital. Fresh motive wave. Looks like starting of fresh motive wave after ABC correction.
CMP: 89
1st Target: 110
SL: 76 closing basis.
Fresh motive wave. AB CapitalLooks like starting of fresh motive wave after ABC correction.
CMP: 89
1st Target: 110
SL: 76 closing basis.
