Hey folks! All the important levels have been marked on the chart along with the description. In this post i have shared buying strategy for this stock. Risk : Reward ratio = 1:2 from the buying area to target. This strategy works better in an overall up trending stock. Five reasons for picking this stock: 1.Probably converting in an up Trending Stock...
I've applied the Fibonacci retracement tool to ABFRL stock's recent uptrend to identify potential support and resistance levels. Analysis: Starting Point: Mentioned on the chart Ending Point: Mentioned on the chart Disclaimer: This is for educational purposes only. Conduct your own research and consider your risk tolerance before trading.
Further breakdown as mentioned previous idea over breaking down of channel alongside 200 ema
It broke the channel along with 200 exponential moving average. Let is resume the channel or 200 ema for longs therefore will have better stop loss or exit strategy. Vice versa for shorts.
09/03/2024 NSE:ABFRL ------------------------------------------------ Looks Good Bottom Pick, Retesting Bottom Channel Buy Above 230 Targets - T1 to T9 Try to enter once it crosses 20, 50 & 200 SMA's
Aditya Birla seems bull after bearking resistance level atleat 5 percent move possile
Stop lose 205 rs. Entry 230 Rs. Target 322 359 time 12 month return expected 50% Future Option Cash anything you can do swing trade weekly
ABFRL price is rested at good support zone and reversing with good green candles and good green volumes. MACD also showing good reversal. good for swing entry
Buy ABFRL near 225-227 with stop loss 220 target 252
NSE:ABFRL Good Volumes near the support zone. follow up needed for confirmation.
Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss. The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide...
📊 Script: ABFRL 📊 Sector: Retail 📊 Industry: Textiles - Products Key highlights: 💡⚡ 📈 Script has taken support near 224 level. We may see trend reversal from here. 📈 Upside we can see 245 , 250 level with support of 224 level. ⏱️ C.M.P 📑💰- 228 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am...
Can buy around 225-230, keeping SL @216 on closing basis. Target will be upper side of trend line. *Note- For educational purposes,only.
Aditya Birla Fashion Hourly chart CMP 234 Target 240- 248- 253- 260+ SL below 228
Reason for long a) Consolidation breakout b) Super vwap breakout c) channel breakout possible d) QQE long e) Good engulfing set up f) Fundas okay g) SL compulsory
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. 🔍 For more technical analysis and trade setups, make sure to...
ABFRL IS IN REVERSAL ,THIS MONTH 10%,4-5 MONTHS 50% of target ,Disclaimer This video is for educational purpose only.