ADITYA
Aditya Birla fashionAditya birla fashion stock complete down side 5 wave and ready to bounce upside wave abc o.38%
Head and Shoulder PatternAditya Birla Fashion
Head And Shoulder Pattern
If neckline Broken will try to catch 178.
aditya birla moneyshare name : aditya birla money
call type : positional
- share is forming double bottom pattern
- golden retracement of 0.618
- a good consolidation can be seen between the
level of 70 and 60
- Double bottom formation
- we can accumulate this share above 70
- Approachable targets 88, 105
- stop loss 65
thanks
Simple Trade Setup | ABFRL | 13-09-2021NSE: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 frame, we can see that it has consolidation zone between 213-216. Sustainable breakout of any side will give move on that side.
Breakout of 216 will give upmove and breakdown of 213 level will give quick upmove.
Please refer below chart : 15 time frame.
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Trade Setup for Date 13-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
ADITYA BIRLA FASHION TARGET HIT | TRADE SETUP FOR 28-07-2021NSE: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 then from that it will be the buy trade. Target will be 220, 223.50, 227.
It will be bullish after getting confirmation on the support either from 220 or from the orange trendline. Only took the trade after this confirmation.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
All 3 targets achieved in Aditya Birla Fashion [ABFRL]NSE:ABFRL
Today it worked as planned.
All 3 targets achieved.
Now from tomorrow all the same levels will work as support and resistance. Keep the trade on either side if one of the level break out or breakdown and you can keep the next target of next level in either up or down direction in trade.
Hope you had good trading in ABFRL.
Do comment if you have any doubt or suggestion.
ABFRL | ADITYA BIRLA FASHION | TARGET AND LEVELS STILL THE SAMENSE:ABFRL
Today, it still didn't manage to break the orange trenline.
Strategy and levels will still remains the same as per previous post.
ABFRL | Aditya Birla Fashion | Trade Setup 26-07-2021NSE:ABFRL
Hope the chart is self explanatory.
If any doubt, do comment.
Go Long on Aditya Birla Fashion and RetailMonitor Aditya Birla Fashion and Retail for a good move. Consolidation is happening at bottom of channel.
Aditya Birla Capital: Bump-and-Run Reversal TopsI have read about this pattern in the Big Book of Chart Patterns and have accidentally traded using it in the Asian Paints Scrip. This is a short trade. As I am still learning about the pattern the entry and exit need to be observed. I believe there should be a pullback after which we can make an entry.
Aditya Birla fashion- Range boundStock has had bounce in the month of August 18, however since then its struggling near that month's high i.e 200-215.
Currently stock has formed Gartley Pattern .
