ABFRL is forming a bull flag with steady volumes. It has returned back to its long term rising channel which has been active since May 2020. Price is at a zone of significance and may show some sideways movement but its prepping to show and up move. Can be bought at CMP for a target of 224, 232 and 245. with a stoploss of 200. This is a good fashion stock anyone...
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...
Abfrl respects its trendline and it will do the same this time too
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...
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...
NSE:ABFRL Today, it still didn't manage to break the orange trenline. Strategy and levels will still remains the same as per previous post.
NSE:ABFRL Hope the chart is self explanatory. If any doubt, do comment.
In 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.
Assuming a mirror image of its past patterns , I believe this stock will rise from here.
- 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
- 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
✔ 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...
I 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.
Target 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.
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...
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
AB CAPITAL !! Aditya Birla Capital Levels Mentioned in Chart