1. 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...
Buy only if the stock breaks the parallel channel and closes on the weekly chart. FOLLOW this account for more such updates ahead Till then, Happy Trading :)
ABFRL TL breakout in D chart. Looks strong for short to medium-term holding. CMP 240
ABFRL view on short term .. Stop Loss and Target placed on the chart. Entry level same as shown in chart. watch out this stock. thank you !!
NSE:ABFRL Observations: 1)On Daily Time Frame: If we use FIB RETRACEMENT from recent swing then we can see that from 61.8% level it took support. This level of 212-213 range is a support zone now. Sustainable Breakout of 216 level make it bullish again and we can see Target of 227-228. Please refer below chart : Daily time frame. 2) On 15min time...
NSE:ABFRL Observations: 1) On Daily Time frame you can see that it gave rounding bottom pattern breakout on 02-09-2021. Please refer below chart : Daily time frame. 2)Also, on Daily Time frame you can see that it has critical level of 220 which was working as resistance many times before. For new buy entry this 220 level needs to be breakout. And from...
1. ABFRL is currently moving in the channel pattern under weekly time frame 2. It is evident from the chart that it has taken multiple support and rejected multiple times at the resistance line 3. Right now it has hit the support line and we can expect a positive move toward the resistance line. 4. Good opportunity for swing trade till the resistance line
NSE:ABFRL Today, 27-07-2021, it has broken the orange trendline and hit two targets above it. Trade setup for 28-07-2021 It may come to test the 220 level or even till the orange trendline. 1) If it takes support from 220 level then it will be a buy trade. Targets are mentioned on the chart. 2) If it goes till orange trendline and takes support from it...