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MoneyMentors
Apr 11, 2023 7:10 PM

ABFRL Weekly Setup - Long Long

ADITYA BIRLA FASHNSE

Description

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.

Trade active

Trade Active Today with Closing above 225

Comment

SL Hit for Monthly Traders. Others Can Hold
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