ABCAPITAL is an interesting chart with following
1. RSI on daily and Monthly chart above 60
2. AB-CD pattern under formation on weekly chart
3. Price formed a bullish candle on Weekly chart with huge Volume
4. Narrowing Bollinger Bands on Weekly charts
5. Can be a good Risk reward with Buy on Dips and dips only for a price target of 198-211-225 and positional tgt of 244-270 zone
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. RSI on daily and Monthly chart above 60
2. AB-CD pattern under formation on weekly chart
3. Price formed a bullish candle on Weekly chart with huge Volume
4. Narrowing Bollinger Bands on Weekly charts
5. Can be a good Risk reward with Buy on Dips and dips only for a price target of 198-211-225 and positional tgt of 244-270 zone
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.