prachitv1

Long Term Important levels and Strategy

prachitv1 Updated   
NSE:ABFRL   ADITYA BIRLA FASH
Hey folks!

All the important levels have been marked on the chart along with the description.

In this post i have shared buying strategy for this stock.

Risk : Reward ratio = 1:2 from the buying area to target.

This strategy works better in an overall up trending stock.

Five reasons for picking this stock:
1.Probably converting in an up Trending Stock .
2.Company has a wide variety of Brand and All auspicious events are in line.
3.Improving fundamentals.
4.With seasonal demands company coming up sales can grow.
5.Company covers it retails sales by both offline stores and online stores.

Use this strategy with your analysis to have an edge.

For any questions just drop a comment or message !

If you are viewing this idea on mobile or tablet, then to watch the chart levels then rotate your mobile to landscape mode.
Comment:
The stock is trading near to its value buying area with potential target of Rs 260 to Rs300 .
Comment:
Stock is coming closer to its last value buying area

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