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ABFRL

#AdityaBirlaFashion #ABFRL At harmonic Support 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, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered
NSE:ABFRLLong
by linesandlevels
Simple Trade Setup | ABFRL | 29-03-2022 [INTRADAY]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 gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:ABFRL
by Trading_hawk
Simple Trade Setup | ABFRL | 28-03-2022 [INTRADAY]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 Frame. ------------------------------------- Trade Setup for 28-03-2022 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 gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:ABFRL
by Trading_hawk
ABFRL ; Medium Term Investment (Keep It Simple)FYI : Red Line refers to Monthly Trendline(TL) , Blue Line refers to Weekly Trendline(TL), Black Line refers to Daily Trendline (TL) Aditya Birla Fashion and Retail Limited NSE:ABFRL is an Indian fashion retail company headquartered in Mumbai. ABFRL has a network of 3031+ stores with a presence across approximately 25,000 multi-brand outlets with 6,500+ point of sales in department stores across India. 1. Stock has been quite bullish for past some time ; Pre-covid line 2 was acting as a support but post-covid line 2 was acting as a resistance & once it broke it ,line 3 is acting as a support. 2. My take is that price will consolidate above 240 demand zone for some time before breaking previous ATH i.e. 313 approx. ; one can start building position here and add more when price crosses above 310-320 zone . BUY @ CMP ; SL : 240 ; TGT : 400 Wishing you a Peaceful Trading - Gursahaj Singh DISCLAIMER : This is for demonstration and educational purpose only. This is not buying or selling recommendation. We are not SEBI registered.
NSE:ABFRLLong
by mister_singh_0110
Simple Trade Setup | ABFRL | 03-02-2022 [INTRADAY]NSE:ABFRL Observations: 1) On 1 day time frame, it made cup with handle pattern. And today it closed in the resistance zone 305-310 level. Breakout of 310 will give good up move of 5-8 point easily on intraday basis. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 03-02-2022 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 gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:ABFRL
by Trading_hawk
2
Aditya Birla fashion 2 possibilitiesHello traders, this stock has been in my watchlist for a long time now, but for me it's not tradeable right now until and unless it it triggers one of the 2 possible scenario above. Scenario 1 It completes the double top pattern: In this case it will go to the bottom of the long existing channel. Risk reward will be 1:4 200 MA cluster can also act support. Scenario 2 It takes support from bottom channel line: It falls down but without triggering our short. Risk reward will be 1:5 Takes support from the 200 MA or Takes support from bottom channel trendline Bounces up to the upper side of channel Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:ABFRL
by this_is_shoaib
Simple Trade Setup | ABFRL | 17-01-2022 [INTRADAY]NSE:ABFRL Observations: 1) On 1 day time, we can see now it is near major range of 305-310. Breakout of this range will lead it to good up move. If it faces resistance from it then we will see down fall. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 17-01-2022 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 gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:ABFRL
by Trading_hawk
ABFRL SWING LONG1. A major trend line breakout happend 6 weeks back, after that continuously in a strong uptrend. 2. On 2nd November it breaks its all time high of 281.35 and closed at 288.10 with a strong bullish candle of 6.23%. 3. Today stock pickups the momentum after the successful retest over the level of 281.25 Details : Buy range : 296-306 Stoploss : 275 Target : 396 ( fibonacci 1.618 level ), 30% . Short term targets are 331 ( 8.5% ) and 358 (17%). For mid to long term a good entry will be after a pullback , when it took a support over 20 EMA. Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
NSE:ABFRLLong
by hjharsh