Adityabirla
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.
Clear breakout in Aditya Birla FashionIn the daily chart, rounding bottom with a breakout at 223 levels has been formed with huge vol.
1st target will be 246-250 based on the weekly chart. And put SL on the current daily candle bottom.
ADITYA BIRLA MONEY - LHS = RHS ?Assuming a mirror image of its past patterns , I believe this stock will rise from here.
Grasim Industries - Cup and Handle breakout Pattern- Complex Cup and handle pattern formation in $GRASIM
- Good volumes during breakout
- Entry can be made after retest to levels of 1470-1475 for good risk reward ratio
- Expecting a move of 10-12% from breakout level
- Don't chase if it continues bullish movement
* Educational Purposes only
Aditya Birla Capital - Amazing Long term Breakout !!!- Long term Breakout Pattern
- Huge Volumes near breakout levels
- Breakout after a consolidation
- Descending triangle pattern Breakout taking support at RSI (60)
- Fundamentally strong stock
- 125 can be a good entry level with stoploss 110 and 1st target at 150
ABFRL Analysis for short & long term ✔ Short+Long Term
buy ,if possible 158-168 range
trgt 180-200-230💰💰
sl 143‼️
study then invest🙏
pefectly respecting the channel👏
so we can expect 200++ in short term ✌️
this is just my view🙏
about Aditya Birla Fashion and Retail Ltd.
👇👇👇
Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL's Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in May 2015. Post the consolidation, PFRL was renamed Aditya Birla Fashion and Retail Ltd.
ABFRL is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 34 countries across the globe.
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 FASH - Symetrical TriangleTarget on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Is Aditya Birla Fashion and Retail in the consolidation region?The technical analysis of the chart patterns indicate that the stock is in the consolidation region swaying between upper band of 153 and lower band of 131 The CMP of 137 indicates a small uptrend to 153. The RSI indicates that it is fairly valued and The also with the future group being sold to reliance could add extra capital to ABFRL as well as provide a wider market by entering the retail units of Reliance and online AJIO.
Disclaimer: The ideas posted are the author's personal opinion by analyzing the chart patterns and information available in the public domain. Due diligence is required.
NSE:ABFRL
AB FRL BUY near SUPPORT 130 SELL near TARGET 180+ RR 1:4+ABFRL SPOT CMP 139
TREND BUY IN DIPS (BOOK PROFITS. QUICKLY IF BOUGHT NEAR SUPPORT)
Weekly Support 130-110
If not broken We may see 180-210-220 soon
Stop LOSS: 110/120
