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ABFRL Weekly Setup - Long
ADITYA BIRLA FASHION & RT
Long
ABFRL Weekly Setup - Long
By MoneyMentors
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Updated
May 5, 2023
5
Apr 11, 2023
Good Setup. Stock has made Lower Lows on Weekly Basis For a While Now. Looks like Breaking out if closes above 225 on weekly Basis.
Go Long
Entry Above 225
SL 215
Targets 240/255/280/311
Incidently
>20 Analyst Predicting to Buy with Average Estimate of 315
Revenue is expected to grow by 34.5% in FY23
Net income is expected to grow by 150.5% in FY23
EBIT is expected to grow by 78.9% in FY23
Looks like a Good Deal. Will Keep y'all Posted in this. Personally Taking Entry above 225 Holding > 6months for Target 4.
Apr 13, 2023
Trade active
Trade Active Today with Closing above 225
May 5, 2023
Note
SL Hit for Monthly Traders. Others Can Hold
Supply and Demand
Support and Resistance
Trend Lines
MoneyMentors
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