Finally FRetail have been tracking this since sept 2021 now be ready for further fall
FRETAIL sell below 41 tgt 22 12 sl 72 Don't expect anything big from this.
A simple technical anaylsis shows that Future Lifestyle has formed a good base one can go for long term :)
THE NEWS HAS GIVEN RELIANCE BACK ITS MOMENTUM AND IS EXPECTED TO BREAK THE CONSOLIDATION WITH GREAT POWER. BEWARE OF FALSE BREAKOUTS THIS IS ONLY FOR EDUCATIONAL PURPOSES. THANK YOU HAVE A GREAT DAY!!
I hope you can now see how FRETAIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Stock started its upward journey in Dec,16. The Stock turned out of be a multibagger giving returns of about 468% in just one year. However from last one year stock has been trading in a range of 200 points ( 640-440 levels). Hence , a decisive break is needed to see a trending move in the stock, till then wait and watch.
Buy FRETAIL upon a close above 538.50 on day chart Targets open SL: 448
FRETAIL day chart study - Range breakdown -Bulls' time to exit