Aditya Birla Fashion & Retail Ltd- Trading in a range patternCan buy around 225-230, keeping SL @216 on closing basis.
Target will be upper side of trend line.
*Note- For educational purposes,only.
ABFRL trade ideas
Aditya Birla Fashion Hourly chart CMP 234 Target 240- 248- 2Aditya Birla Fashion Hourly chart
CMP 234
Target 240- 248- 253- 260+
SL below 228
ABFRL: swing long
Attempting important resistance breakout, formed a ascending triangle pattern.
Good volume spikes observed.
RSI slowly trending upward.
Candle close above 250 is required to confirm breakout.
Note: This is just for analysis purpose, please do your own research before punching any orders.
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Aditya Birla Fashion BreakoutGood breakout with retest done. Usually I trade only with Support or resistance breakout but will observe how this pattern unfolds. Concerns are market is quite agitated as of now. Nonetheless am ready to book the stoploss or book our targest by price of 300.
Disclaimer: Not an investment advice. Only for educational and notetaking diary.
ABFRL HEAD AND SHOULDER BREAKOUTAfter near 50% fall ABFRL formed a head & shoulder pattern,so look for buy it has potential of min 20% from CMP.
#ABFL PARALLEL CHANNEL BREAKOUT- WEEKLY CHARTAditya birla fashion weekly chart shows the breakout of the parallel channel.
CMP: 261
Retest may occur. If 1st retest fails then 2nd retest which would be 1st support is under parallel channel near 220 level.
Targets: 310/332
Rist reward: 1:1.5
Disclaimer: This is just for education purposes only. please research by yourself or take your financial advisor advise before entering the trade.
ABFRL: Watch for the Breakout Above 240!ABFRL (Aditya Birla Fashion and Retail Limited) :
The stock is currently consolidating in a sideways zone after a significant downtrend.
Key Points:
Downtrend and Sideways Phase: ABFRL has experienced a notable downtrend followed by a period of consolidation in a sideways zone.
Promising Signal: A potential bullish signal will be triggered if the stock achieves a weekly close above 240.
Buy Consideration: Our focus for considering a buy position will be contingent upon the stock closing above the 240 threshold on a weekly timeframe.
Stay tuned for updates on this promising opportunity in ABFRL.
ABFRL Bull 🐂 target 270 sl 245 @LTP 255ABFRL Bull 🐂 target 270 sl 245 @LTP 255
Volumes increased , marriage season
Results awaited but before results 270 can be a easy achievable target.
Aditya Birla Fashion (ABFRL) This is the chart of Aditya Birla Fashion (ABFRL) which is forming higher highs pattern on daily timeframe. The stock has tested the trendline multiple times and now according to my analysis, I think it will break the trendline and continue moving upwards for targets of 260, 277, 305, 320 (ATH)
Stop loss - 235
NOTE:- You can enter now or wait for the breakout, as per your will
Only for Educational Purpose
Do your own research
For queries or doubts you can text me on platforms provided on my profile
ABFRL - Swing BUYThe following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
BUY - 228.8
SELL - 10%
ADITYA BIRLA FASHION - Swing Trade Analysis - 28th Jan #stocksADITYA BIRLA FASHION (1W TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike at Resistance - Done ✓
- Breakout - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ABFRL
abfrl long this demand zone is fresh
and it is the area is with pending orders
because of imabalance area
and where buy orders exceeds sell orders. this is the exact reason why the price reversed and started moving up...
ABFRL Wait for breakout!!aditya birla fashion create a curve channel wait for breakout ''kuch sweet kahane ke liye''
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ABFRL has just changed the trade in daily time frame if the upcoming days breaks the high of 11 jan 2024 candle then we can expect some more upside direction move on this particular upside
Disclaimer:
The content provided in this video is for Educational purposes only and should not be considered as financial advice. I am not a registered financial advisor, and the information presented here is based on my personal opinions and research.
Investing in the stock market involves risks, and past performance is not indicative of future results. The financial markets are subject to various factors that can impact stock prices, and it is important to conduct your own research and consult with a qualified financial professional before making any investment decisions.
I do not guarantee the accuracy or completeness of the information provided in this video, and I disclaim any liability for any loss or damage that may arise from relying on the information presented. It is crucial to consider your own financial situation, risk tolerance, and investment goals before making any investment decisions.
I may have positions in the stocks mentioned in this video, and my interests may conflict with yours. It is important to be aware of potential conflicts of interest and to make investment decisions based on your own independent judgment.
Always seek the advice of a qualified financial professional before making any investment decisions. The content in this video is not intended to be a substitute for professional financial advice, and I encourage viewers to do their own research and/or consult with a qualified financial advisor.
You are responsible for all the risks and financial resources you use and for the chosen trading system.
You should not engage in trading unless you fully understand the nature of transaction you are entering into and the extent of your exposure to loss
All trading strategies are used at your own risk.
Aditya Birla Fashion Looks GoodSharing weekly chart of Adiya Birla fashion here price action seems that it is breaking almost one year consolidation from parallel channel resistance and 100 also on weekly chart so by these kind of charts we can learn that price want to comeback in uptrend by breaking long consolidation, from the bottom volume bars also encouraging me for going a long trade in this stock so if i will got a weekly close above resistance which will definitely happen with above 100 Ema close on weekly chart. After execution i will update this trade and 235 below weekly close will be my stop loss for it.
NOTE- Only for Education Purpose.
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abfrl - looks quite strongwith so good prev 1 day ago close, looks like the stock in under good control of bulls, can anticipate good movement in it.
ABFRL - Cup and HandleBreakout Done
Cup Height : 70 Points
Breakout zone : 240
Target : 275-300-350++
SL 225
BREAKOUT, ADITYA BIRLA FASHION, 45% RETURNS!!!BUY - ADITYA BIRLA RETAIL
CMP - Rs. 242
Target - 1: Rs. 287
Target - 2: Rs. 316
Target - 3: Rs. 350
.
Timeframe - 4 months - 10 months
.
Technicals - Harmonic Pattern, Moving Average
.
This is just a view by an expert analyst, please invest at your own risk.
.
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ABFRL TARGET 280 STOP LOSS 209Script travels upward monthly channel with weekly bullish mode. Next target is 280
Ascending triangle pattern - good volumes!The stock is making an ascending triangle pattern and testing an important support/resistance zone.
A daily/weekly close above 246.5 will confirm the breakout and continue bullish momentum in the stock.
This is not a BUY/SELL recommendation.
This idea is for educational purpose only.
Learn & Earn,
Dr. Tanya Kumar
ABFRL - can it break out this time?ABFRL has been consolidating in a very tight range and has faced resistance at 240 levels. If this is taken out decisively next levels are very attractive. Stock has under performed vs other retail players and a catch up is possible.
ABFRL upside movementStock trading within the trend line, may move within the trend and tends to do breakout. Potentially gain from the fluctuations.
