ABFRL - Long setup* Ascending triangle pattern
* Once it breaks, we can expect 1st target of 200 ema & 2nd as mentioned in the chart.
* Risky players can go long now.
ABFRL trade ideas
Ascending Triangle - ABFRLAscending Triangle pattern breakout seen in Aditya Birla Fashion and stock is about to close above 207 on closing basis. One can make long position till 226 target price with a stoploss of 203 with buying till 207
PS - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE ON YOUR OWN RISK AND ONWITH CONSULTING YOUR FINANCIAL ADVISOR
"Investment Sensation: The Ultimate Guide to Buying Aditya BirlaIntroduction
Investing in the stock market can be a lucrative endeavor if approached strategically. This guide unveils a captivating opportunity: buying Aditya Birla Fashion stocks at 200 and aiming for a remarkable target of 420. Join us as we delve into this investment sensation and explore the steps to achieve financial success.
Understanding Aditya Birla Fashion
Aditya Birla Fashion holds a prominent position in the dynamic world of fashion retail. With a rich portfolio of brands and a growing customer base, it presents a compelling investment prospect. The company's market trends and performance make it an attractive choice for astute investors.
The Rationale Behind Buying at 200
Buying stocks at a specific price point is a strategy rooted in maximizing returns. Purchasing Aditya Birla Fashion shares at 200 capitalizes on potential future growth. This entry point leverages market dynamics, positioning you favorably as the stock advances.
Setting the Target: Why Aim for 420?
The target price of 420 is not just a number; it's a calculated aspiration. This figure encapsulates realistic growth projections and market analysis. Striving for 420 aligns with the upward trajectory of Aditya Birla Fashion and enhances your investment journey.
Implementing Your Investment Strategy
Thorough Research: Investigate the company's financials, market positioning, and growth strategies.
Timing Matters: Watch for market fluctuations and enter at an opportune time near the 200 mark.
Diversification: Balance your portfolio to manage risk effectively.
Long-Term Vision: Plan to hold your investment patiently to realize substantial gains.
Stay Informed: Continuously monitor company news and industry trends to make informed decisions.
Monitoring and Adjusting Your Investment
Regular Assessment: Track the progress of your investment against the 420 target.
Market Flexibility: Be prepared to adjust your strategy based on evolving market conditions.
Expert Insights: Consider seeking advice from financial experts or advisors to refine your approach.
Embark on your journey to investment success with Aditya Birla Fashion. By purchasing at 200 and aiming for 420, you position yourself to reap the rewards of a well-calculated investment strategy. Remember, knowledge, timing, and diligence are your greatest assets in the dynamic world of stock investment.
ABFRL SELL AFTER 226 ABFRL SELL AFTER 226
sell after 226.25
after day closing if you found below 226 means head and sholder pattern work
weekly candle close ablow 226.25
buy level 206 buy for long '
target 237.80
ABFRL LTD GOING TO BREAK 5 YEAR STRONG PRICE ACTION 225ABFRL ANALYSIS
ABFRL LTD (CMP 211.60) can provide up to 100% return opportunity on investment.
Key reason:
Technical levels - Stock is currently traded at 211.60, from last three weeks stock showing bottoming out as per charts and on the way to break 5 year strong price action.
Business overview:
Financial Performance-
Aditya Birla Fashion and Retail Limited reported the highest ever Q4 revenue for the Company, driven by strong retail L-to-L, omnichannel play, and network expansion.
The Company delivered sales of Rs. 2,880 crores, which is a growth of 26% over the same quarter last year.
The Company's consolidated PAT was negative Rs. 195 crores.
Store Expansion-
The Company added a record more than 500 stores and also added 1.6 million square feet of retail space to the network in FY23.
Pantaloons division recorded quarterly sales of Rs. 798 crores with a growth of 18% over the last year and 13% L-to-L growth.
ABFRL board approved the acquisition of 51% stake in TCNS Clothing Company Limited to expand the ethnic wear portfolio into the premium women's ethnic wear segment.
Company's e-commerce site, The Collective, is on the path to become a premier luxury e-commerce destination in India.
IMPORTANT TECHNICAL LEVELS:
If the stock hold above 225 and make support on it it can go up to 248.60/289.45/320.45 with in a very less reasonable time frame.
BUY IN CHUNKSYou can start to buy it in chunks.
Yes it takes time but nothing is better than safer investments atleast you earn something.
MACD is showing strength.
Pattern repetation of rally and retracement.
ABFRL | Triangle breakout in 4H time frameABFRL | Triangle breakout in 4H time frame - One more good place to average.
CMP : 223
SL : 210
Target : 260
Swing trade opportunity in ABFRLSwing trade opportunity in ABFRL.
Entry - 218
Target - 240
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
ABFRLABFRL
CMP 215.50
SL-210
TG-221/227/234+
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This is only educational purposes
ABFRL - HARMONIC PATTERN ABFRL seems to have bottomed out with harmonic bottom near 182 and same is its PRZ, so I will long it with SL below PRZ for a target returns of 280
ABFRL 1HRINTRADAY TRADE
ADITYA BIRLA FASHION Looking good for upside..
When it break level 214 and sustain.. it will go upside...
BUY@ 214
Target
1st 215.65
2nd 216.90
ABFRL JUL FUT – 8 LOT (Qty-20800)
TRADERS ALSO DO SWING TRADE FOR LONG TARGET
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
ABFRLABFRL:- Wait for breakout, if resistance gives breakout and sustains then we can see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BREAKOUT, ADITYA BIRLA FASH, 68% RETURNBUY - ADITYA BIRLA FASHION
CMP - Rs. 213
Target - 1: Rs. 307
Target - 2: Rs. 359
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Timeframe - 9-14 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your risk.
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Follow me for more!
ABFRL inverted H&S patternABFRL forming INHS pattern at support level Breakout confirmation above 217 SL shoulders
📈 Exciting Bullish Pattern Alert! 🐂📌 Symbol/Asset: Aditya Birla Fashion
🔍 Description: Very Bullish, If it breaks the resistance of 315-316 and sustains above it.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
ABFRL - Breakout & Retested NSE:ABFRL Elliott Wave Theory Suggests a New Uptrend
Description:
ABFRL stock has given a breakout and retested the breakout level. This is a bullish sign and suggests that the stock could be starting a new uptrend. According to the Elliott Wave Theory, if the stock breaks above 217, it could reach 241. A stoploss of 205.45 is recommended. Technical indicators such as RSI, MACD, and Chaikin Money Flow are all bullish. The price is also near the upper Bollinger band and trading above the Supertrend.
Here is a more detailed explanation of each technical indicator:
RSI (Relative Strength Index): The RSI is a momentum indicator that measures the speed and magnitude of price movements. A reading above 50 indicates that the stock is overbought, while a reading below 50 indicates that the stock is oversold. The RSI for ABFRL stock is currently above 50, which is a bullish sign.
MACD (Moving Average Convergence Divergence): The MACD is a trend-following indicator that shows the relationship between two moving averages. A positive MACD reading indicates that the moving averages are converging, which is a bullish sign. The MACD for ABFRL stock is currently positive, which is another bullish sign.
Chaikin Money Flow (CMF): The CMF is a volume-based indicator that measures the amount of money flowing into and out of a stock. A reading above 0 indicates that there is more money flowing into the stock than out of it, which is a bullish sign. The CMF for ABFRL stock is currently above 0, which is another bullish sign.
Bollinger Bands (Bollinger Bands): Bollinger Bands are a volatility indicator that show the standard deviation of a stock's price over a period of time. The bands are plotted above and below the moving average of the stock's price. When the price moves outside of the bands, it is considered to be a sign of volatility. The price of ABFRL stock is currently near the upper Bollinger band, which is a bullish sign.
Supertrend (Supertrend): The Supertrend is a trend-following indicator that uses a combination of moving averages and a volatility indicator to identify trends. The Supertrend for ABFRL stock is currently pointing upwards, which is a bullish sign.
Overall, the technical indicators suggest that ABFRL stock is in a bullish trend and could reach 241 if it breaks above 217. However, it is important to remember that technical indicators are not always accurate and should not be used as the sole basis for making investment decisions.
ABFRL - Bullish ReversalABFRL and ABCapital both showing strong bullish reversal and the stock is most likely to touch 225 first target and if crossing 225 then we can see 250 levels in coming days.
ABFRL , for long position ABFRL has crossed a long-term resistance level and has also closed above 20-day moving average,can be played for a long position with an SL of 215 and target of 245 and 264
ABFRL : Watchout for Inverted Head and ShouldersNSE:ABFRL has been in a down trend for a Long time now. Inverted Head and Shoulders pattern has been formed. The long positions in the stock can be taken after the completion of the pattern that is after the breakout and closing of candle above the neckline.
Abfrl: a probable long tradeAbfrl is a reversal trade.
FII holdings haven't changed much even during the fall from ATH and the company is currently on an expansion spree i.e. long term trade.
70% move possible till ATH.
ADITYA BIRLA FASHION LTD 245 ?On the basis of charts and waves I am taking this script for trading, 175 price is a good support area for this stock. we can see a jump from this area it will give you around 20 % return easily and in this jump we will see a retracement of cd wave for making a double bottom type pattern on this script.
thanks
Ishu prajapati
