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...
It will be interesting play in coming days. Either it will test the cloud and fail to breach it or will breach it for a bullish uptrend.
Trade accordingly.
Please do your own research before investing.
