IamGeorgy

Aditya Birla Fashion and Retail (ABFRL) for swing trade

Long
IamGeorgy Updated   
NSE:ABFRL   ADITYA BIRLA FASH
Currently price is testing a long term support/resistance region. Fib retracement drawn between Swing low on Feb 1st and Swing high march 9th, it says ABFRL can reach 205 and 223 soon.
Positive news attached : Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday reported earnings before interest, tax, depreciation and amortisation (EBITDA) at Rs 253 crore in Q4 FY21 against Rs 167 crore in Q4 FY20.
Trade active:
Current Market Price is around 205. That means, already 5+% profit.
Trade closed: target reached:
Target 1 on June 4th 2021.
Final target on June 25th 2021.
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