ABFRL is at strong support. Trade with a tight SL
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Stock Name - Aditya Birla Fashion And Retail Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 356
#This is not Buy and Sell recommendation to any one....
Aditya Birla Fashion Retail Limited Looks Bullish for Short Term on Daily and 4-Hourly Charts. I am Buying Stock at Current Prices @ 289 with Stoploss placed below 269 (50% Fibonacci Retrenchment Level) Targets Expected are 320/340 in the next 7-10 Trading sessions.
Reasons To Buy ABFRL:
# Stock is able to sustain above Resistance of 283.50
# Volumes on the...
Aditya Birla Fashion and Retail Ltd
NSE: ABFRL
Hi Aditya Birla Fashion and Retail Ltd Breakout level now in Fibonacci Retracement Levels crossed above 61% of 283.25 level.
BUY above 295 for long. NEXT TARGET 300, 321 of Fibonacci Retracement Levels 78% and 100%. Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want...
Aditya Birla fashion looking good on weekly charts it gives breakout on horizontal resistance trendline and given breakout on relative strength indicator too.
CAUSE OF LONG-:
1-Horizontal resistance trendline breakout.
2-Relative strength indictor breakout.
short below 244 in intraday
can trade for swing as well but need closing below 244 and stoploss 254 Daily Candle close.
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade...
Hello Guys , Today I Have The Technical Chart of ABFTL it has made the Inverse head and shoulders a few days ago but now I think it can go to the Targets shown as it has came to the Neckline to Break and go on a Bull Trend and now lets talk about the target . So its target could be 273 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like...
NSE:ABFRL
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ,...
NSE:ABFRL
Trade Setup for 29-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or...
NSE:ABFRL
Observations:
1) On 1day time frame, we can see it gave breakout of the resistance channel on Thursday and on Friday session it closed just at it or slight above it.
If this Friday session move was to test the breakout and it takes support from this resistance channel then we can see good up move from here.
Please refer below chart : 1day Time...
Aditya Birla Fashion & Retail Ltd - 17.03.2022
The stock is trading @ 285 levels
There is a SUPPORT Zone @ 271 levels, one can initiate a buy position at current levels with support @ 271
The prices are above EMA
There is a DOJI in Weekly Charts
RSI is 57 in Weekly Charts
Watch out for the price actions
![ABFRL: Simple Trade Setup | ABFRL | 29-03-2022 [INTRADAY]](https://s3.tradingview.com/j/Jw9koyfc_mid.png "Simple Trade Setup | ABFRL | 29-03-2022 [INTRADAY]")
![ABFRL: Simple Trade Setup | ABFRL | 28-03-2022 [INTRADAY]](https://s3.tradingview.com/o/ohCf96td_mid.png "Simple Trade Setup | ABFRL | 28-03-2022 [INTRADAY]")
