NSE:ABFRL Hope the chart is self explanatory. If any doubt, do comment.
223 and 225 is good support and it has already broken out from this support with huge volume .So buy at this support don't miss it :-)
Target - 256 SL - 219 CB P.S: This is just for educational purposes.
ABFRL looking good long. Given a small trendline breakout and also a ascending triangle pattern breakout. After breakout it gave a retest or can say consolidation, which COULD be for another one or two day. Volumes are damn tempting. Can go long at these levels too. Gives you a good risk reward too.....
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...
All scripts posted here are only for study purpose do your analysis before taking any positions
Bullish Triangle pattern Breakout in ABFRL. Looks good for swing traders at CMP.
Aditya Birla fashion is forming a descending triangle A consolidation after a decent upmove can be seen Levels are mentioned in the chart If you found the post useful, give a like and show your support. Happy Trading! Regards, Segan
ABFRL is on Breakout level for Delivery basis For Educational purpose only.
ABFRL (D):- 221.5 CMP, LOOKS GOOD FOR 280 :) 1) Rising Channel :) 2) Volume Spike + F&O Stock now (+ve sign)
ABFRL ready for a short term positional trade for target price 241. Confirmations: Morning star candlestick pattern : Its a bullish trend reversal pattern having very good result when occurs in a down move or a down trend. Breakout : Symmetric triangle pattern breakout with a Large bullish candle. Volume : Volume at breakout candle is above the volume...
abfrl chart analysis for intraday and swing trading
Since this symmetrical triangle is plotted on day time frame we can go long on ABFRL
1. Rectangle channel breakout 2. Trendline breakout
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...