NandanChaturvediTrade

Multi year breakout in Aditya Birla Fashion

Long
NSE:ABFRL   ADITYA BIRLA FASH
From April'20, this stock has continuously shown us higher highs and now it stands at the breakout levels of 2016. It has great strengh and momentum to go over 100 points from here. This is at the good level after the breakout and retest is completed.
Buy at current level with stop loss below 210. If you can take a good risk and hold for few months, go with SL of 204.
Kindly note, this is only an analysis and not any recommendation. Please consult your financial advisor before investing.
Comment: The tradeis not active yet. Bying levels will be above the prvious month high