ELECTRONICS MART INDIA LONG CONSOLIDATION BREAKOUT POSSIBLEEMIL shown tremendous strength from IPO LISTING TO 250 LEVELS.
THIS RETAIL GIANT IS AGAIN READY FOR BIG TARGETS
Recently promoter sold stake & SBI Mutual
Fund bought maximum of stake sold by them.
It is in Long consolidation with tight base formation heading towards new highs.
Retail
V Mart - technical analysis 1D chart, Short termVMART with the market cap of 4300 cr, sales and operating profit of the company are moderately increasing quarter by quarter. All the Retail stocks were currently on rebound from the bottom trend line which gives a strong indicator for holding these stocks for long term. Stock is good to buy as it has upward potential of 50% returns in short term and 100% returns in long term(min 6 years).
Buy --> 19050-2030
Sell- first target - 3000-3200
Second target - 3950-4200
Stoploss/ Average -- 1600-1670
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.
Future Retail - Bullish Investment OpportunityThe SEBI has approved Reliance Retail’s acquisition of Future Group’s retail assets on Wednesday. ( 20th jan 2021 )
This led to two days upper circuit in the Share Price. As the approval for the Future Retail led to positivity in the market and possible Target 150 within the month of Feb.
Hold for long term to get target as 350, asthe vaccines as been out and the stores are opening this will lead to strategic increase in share price.
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
Avenue Supermarkets - study - Buy on dips upto 1784Avenue supermarkets near resistance zone of 1915, close above 1916 will open for more upside. Targets Open.
The stock has bounced from its low of previous gap up bottom(low) of 1784 and bounced upto 1900 with good volumes on 17th Dec. The stock has turned bullish. Keep an eye on #Dmart above 1915 Targets open. Stoploss : 1700
Entry@480Future Lifestyle - Adding a pilot position @ 480
FLFL sales have been growing at 10.5 % since 2015. Earnings are growing at 71%. The stock is trading near an all-time high with a sustained price strength. I have initiated a pilot position and will be adding more depending on how the price behaves in the coming days.