ABFRLCMP: 218
The stock looks ready to break above ascending triangle.
Expectation: 240, 250
SL: Close below 200
ABFRL trade ideas
Bullish NSE:ABFRLBuy = 275
SL = 245
Target 1 = 335
Target 2 = 365
12/10/2021
Bullish NSE:ABFRL-->Aditya Birla Fashion and Retail Ltd
Buy for short term
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POSITIONAL #KASH_STOCKAB FASHION:
The stock moving in ascending channel pattern and showing a breakout of the pattern. If it manages to sustain above 245 level then we can see good upside. Let's see the closing what we get.
Above 245 we can expect 257 274 levels.
Let seen how to moves
Target achieved in 2 days! 7.5% gain!!The stock was given at 256 and it hit the target of 275 today. HIT the like button if you liked my analysis and do FOLLOW. For reference, I am attaching the idea suggested.
Cup and Handle pattern breakout || Aditya Birla FashionThe stock has broken the pattern and can test its previous high now. Can be bought for a target of 275(7.5%). CMP-256 and SL will be 242 on a closing basis. Do FOLLOW for more ideas.
ABFRL-Stock near Triangle BreakoutThis stock is near its resistance and formed an ascending triangle pattern. IT CAN REACH UP TO 280++ once it breaks out from 235 level with volume, watch out for the mentioned level.
Note: This is just for educational purpose, not an buy/sell recommendation.
LOOKING HOT TO TOUCH UPPER CHANNEL !ABFRL targets to hit Rs 25,000 cr revenue after 5 years - Kumar Mangalam Birla #textiles
ABFRL showing its momentum on uptrend with 52 week breakoutAditya Birla fashion retail showing bullishness above 233.45 which has been acting as a resistance zone for past months and the resistance level has been breached with above-average volume and MACD with a positive crossover
The trade can be considered for the short to mid-term whereas the level 233 will act as a support stop loss can be considered below this level and the target can be considered for 280
ABFRL channel breakout
NSE:ABFRL
breaking out from long channel channel.
still awaits for best entry
if breaks 1st OCT high then it would be aggressive entry .
but suggest some pattern to form on hourly TF.
[ diwali is also on the door ;)]
keep on watchlist.
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Long term investment idea in ABFRLBreakout with conformation......
This is not a investment advise . Analysis by yourself.
ABFRL - Breakout from ChannelNSE:ABFRL
ABFRL - Given Breakout from Channel
Buy Around 240 Level for a Target for 260
Stoploss - 230
Disclaimer - Its not a Recommendation
FRESH BREAKOUT EVEN IN A FALLING MARKETBuy only if the stock breaks the parallel channel and closes on the weekly chart.
FOLLOW this account for more such updates ahead
Till then,
Happy Trading :)
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON ABFRL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
ABFRL 5yr BreakoutDecisive close above resistance area with 5 times the average daily volumes. Positional traders and investors can accumulate this stock at any dips above 230.
#ABFRL: Symmetrical Triangle Breakout for Swing TradingAs we can see on the chart there's a symmetrical triangle breakout on the daily chart with unusually high volumes.
This can be a good swing trade opportunity to go long as this set-up provides an attractive Risk: Reward.
SL- 229
Target- 280
ABFRL - Breakout after consolidationStock was consolidating in a zone with a lot of volatility. Now the stock has given a clear breakout. Can be bought in tranches
ABFRLIf it Comes down near the trend line then it can be best Buy Opportunity near to trend line, Or is the Entry Level mentioned on the chart also correct, Target stoploss is given in the chart NSE:ABFRL
BREAKOUT IN ABFRLMarket Cap
₹ 21,713 Cr.
Current Price
₹ 232
High / Low
₹ 234 / 126
Stock P/E
Book Value
₹ 29.8
Dividend Yield
0.00 %
ROCE
-4.32 %
ROE
-33.8 %
Face Value
₹ 10.0
