Be Cautious Triple Top Pattern (trend reversal) at #ABFRL weekly chart. What Is a Triple Top? The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way. Triple...
Aditya Birla fashion CMP: 292 SL:235(CB) target: 360/450 Note: Educational post
Fundamental are Strong Near resistance with good volume entering One can enter after breakout for long and short tgts
ABFRL Entry over orange line SL red line
Aditya Birla Fashion and Retails - Daily Analysis CMP 182 BUY @ 172-176 Target 193- 203- 215- 222+ SL below 160
Triangle pattern - Looks perfect for short term/intraday buyers.
A Cup and handle pattern indicates up move in the short term
Investing idea , consolidated for long time ( 2yrs ) in the range 145-180.. Looking good for investment. All dips can be added . All levels in chart
Stock near its TL resistance and having inv H&S pattern... If tomorrow crosses the Tl resistance with volumes , then aache din for the stock.