ABFRL took support and channel breakoutABFRL took support near 310 and also done channel breakout and 325 level breakout. should move upwards till 345. Also good volume shown.
Adityabirlafashion
ABFRL AdityaBirla FAshion ready to take off
ABFRL price closed decisively over 340 after making triple top over a period of almost 3 months.
Also news of new Jewellery business could be a plus.
immediate targets T1 = 350 T2 = 360
Take a look: low risk; 15% ROI in 2-3 daysFundamentally good stock,
Good for 2-3 days holding.
For short term investment in cash market'.
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Entry: 576
target: 588 - 601- 644
sl: 560
major stoploss / support: 545
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Enter only after breaking & close above " Yellow box" mentioned.
Or else wait for some time.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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refer old ideas attached below
ADITYA BIRLA FASHION - Swing Trade Analysis - 28th Jan #stocksADITYA BIRLA FASHION (1W TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike at Resistance - Done ✓
- Breakout - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ABFRL
ABFRL/ Aditya Birla Fashion Long Setup - ABFRL looks in a good location
- I would like to hold this until it fetches more 10%
- At the same time kindly start booking partials
- Do not become greedy Nifty will soon retrace
ABFRL - Buy near 196Bullish Engulfing on daily chart
Buy @ 196
SL @ 192
Tgt @ 219
Disclaimer: I am not sebi register analysist
ABFRL - Low risk High Reward Trade on Breakout RetestABFRL - On the 15-minute time frame Aditya Birla Fashion has breached a key level, and current trend is bullish on higher time frames.
Entry should be made on a retest of the breakout, and stop loss should be kept below the key level zone.
I hope this analysis was helpful to you. If so, I would appreciate it if you would like it and follow me on TradingView for more of these kinds of analysis.
Disclaimer: I am not SEBI registered and this analysis is not intended to be financial, investing, trading, or other sorts of advice or recommendations.
ABFRL preparing for a bull run The stock stock showing strong upward momentum since a year not its preparing for a big move after breakout and retest.
keep the stock in radar.
#note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor.
Fresh Breakout in ABFRLAditya Birla Fashion Retail Limited Looks Bullish for Short Term on Daily and 4-Hourly Charts. I am Buying Stock at Current Prices @ 289 with Stoploss placed below 269 (50% Fibonacci Retrenchment Level) Targets Expected are 320/340 in the next 7-10 Trading sessions.
Reasons To Buy ABFRL:
# Stock is able to sustain above Resistance of 283.50
# Volumes on the breakout is High.
# Stock managed to Close above 61.8% Fibonacci Levels.
# Options Data Suggest Bullishness in the Stock
AdityaBirlaFashion and RetailLtdTarget321Aditya Birla Fashion and Retail Ltd
NSE: ABFRL
Hi Aditya Birla Fashion and Retail Ltd Breakout level now in Fibonacci Retracement Levels crossed above 61% of 283.25 level.
BUY above 295 for long. NEXT TARGET 300, 321 of Fibonacci Retracement Levels 78% and 100%. Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you.
#AdityaBirlaFashion #ABFRL At harmonic Support NSE:ABFRL
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered
Simple Trade Setup | ABFRL | 29-03-2022 [INTRADAY]NSE:ABFRL
Trade Setup for 29-03-2022
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ABFRL | 28-03-2022 [INTRADAY]NSE:ABFRL
Observations:
1) On 1day time frame, we can see it gave breakout of the resistance channel on Thursday and on Friday session it closed just at it or slight above it.
If this Friday session move was to test the breakout and it takes support from this resistance channel then we can see good up move from here.
Please refer below chart : 1day Time Frame.
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Trade Setup for 28-03-2022
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Aditya Birla Fashion & Retail Ltd - 17.03.2022Aditya Birla Fashion & Retail Ltd - 17.03.2022
The stock is trading @ 285 levels
There is a SUPPORT Zone @ 271 levels, one can initiate a buy position at current levels with support @ 271
The prices are above EMA
There is a DOJI in Weekly Charts
RSI is 57 in Weekly Charts
Watch out for the price actions
Simple Trade Setup | ABFRL | 03-02-2022 [INTRADAY]NSE:ABFRL
Observations:
1) On 1 day time frame, it made cup with handle pattern. And today it closed in the resistance zone 305-310 level.
Breakout of 310 will give good up move of 5-8 point easily on intraday basis.
Please refer below chart : 1day Time Frame.
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Trade Setup for 03-02-2022
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ABFRL | 17-01-2022 [INTRADAY]NSE:ABFRL
Observations:
1) On 1 day time, we can see now it is near major range of 305-310.
Breakout of this range will lead it to good up move.
If it faces resistance from it then we will see down fall.
Please refer below chart : 1day Time Frame.
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Trade Setup for 17-01-2022
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
ADITYABIRLAFASHION BUY FOR TARGET 232ADITY BIRLA FASHION TARGET 232 IN A WEEK.
SL 207.9
Aditya Birla Fashion and Retail: The company’s board has agreed to the raising of funds via issue of 4,000 unsecured rated, redeemable non-convertible debenture of face value of ₹10 lakh each on a private placement basis.
Possibility of Breakout in Aditya Brila FashionsPossibility of Breakout in Aditya Brila Fashions Both in Daily and Weekly timeframe.
#adityabirlafashion cup pattern and channel breakoutAditya Birla fashion and retail is breaking out from trendline channel and a cup pattern.
Great momentum and rising trend can be seen on short medium and long timeframes.
Volumes are also good above moving average and given that several resistances taken out earlier week goes back
To 5 years may be indicating this stock currently at all time high levels could give much more on the upside
Stop loss below breakout levels and entry in any daily retracement could still give reasonable risk reward
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.
Simple Trade Setup | ABFRL | 03-09-2021[INTRADAY & POSITIONAL]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 21 DMA it took good support.
Please refer below chart : Daily time frame.
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For POSITIONAL trade one can take safe long position only on sustainable breakout of 220 level. SL will be 210 and Target will be 240 in short/mid term.
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Trade Setup for Date 03-09-2021:
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.
ABFRL
Time:- 8 to 12 weeks
Target:- 255
Stoploss:- 195
By analysis of the chart of ABFRL, we can easily see that stock has already take support on the support line shown bull candles, RSI also at oversold position. So we can enter in this point.
