ABFRL - Technically goodBuying ABFRL with SL of 135.
Technically looking good with DOJI at the support.
ABFRL
Aditya Birla Fashions: Nice PullbackNotice the pull back to the prior selling / breakout zone, represented by the top two horizontal red lines. Price has come back to retest or check for sellers. Notice the dip in volume in the last couple of trading sessions which represents the probe or retest.
If my assessment is right, price is likely to breakout soon. A move past 186 would be an interesting outcome to look forward to. Let's wait and watch
Aditya Birla Fashions: Major Accumulation, Awaiting Mark-UpThis stock appears to be in a Wyckoff Accumulation zone. A swift breakout past the top of the range at 171 would be a big positive development. Am watching this stock with interest...
