TradingView
Raghulramdoss
Nov 21, 2021 6:37 AM

Long in ABFRL Long

ADITYA BIRLA FASHNSE

Description

This scrip is making consistently making HH and HL, this shows that scrip is in uptrend so we must go for buying opportunities in this scrip. This scrip had bounced back from the 21EMA as well as previous ATH level and there's also a 50% Fib retracement at this level. So this scrip might be bullish in coming weeks because of multiple supports.
Swing traders may consider to long this scrip with a RRR of 1.5 and may book partial profits thereafter.
More