Wedge pattern breakout in ABFRL Today's session Wedge chart pattern create in ABFRL . this stock is down side and according to this chart pattern expected target is 183+ in daily timeframe.
ABFRL trade ideas
Swing trade in ABFRLSwing trade opportunity in ABFRL It follow a trend line Every time it touch the trend line and move up
#ABFRL- Short term SwingABFRL has taken support at .618 retracement and bounce back from there. It can be a good swing term candidates for target of 300.
ABFRL Intraday/Swing Setup - 120 MinLooks Good Triangle Breakout above 297 SL 285. T1 312 T2 330. One can go long on Options Long@330CE Please keep SL market is volatile.
#AdityaBirlaFashion #ABFRL At harmonic Support NSE:ABFRL
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered
BERGER PAINT LIKELY BREAKOUTBERGERPAINT LIKELY breakout can be seen but wait for given resistance break then proceed
ABFRLNear its peak pricing, location favorable for both side trades with small SL
No recommendation above view just for learning
ABFRLStock has been trading in a range of 250 to 317 since months. Its has already tested resistance 3 time. Now it may give a breakout from here. Buy above 317, TGT 380+, SL 290. For educational purpose only. Kindly contact your financial advisor before entering any trade.
ADITYA BIRLA FASHIONscript is near a good resistance.
ATH breakout might be possible.
keep on radar.
Simple Trade Setup | ABFRL | 29-03-2022 [INTRADAY]NSE:ABFRL
Trade Setup for 29-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ABFRL | 28-03-2022 [INTRADAY]NSE:ABFRL
Observations:
1) On 1day time frame, we can see it gave breakout of the resistance channel on Thursday and on Friday session it closed just at it or slight above it.
If this Friday session move was to test the breakout and it takes support from this resistance channel then we can see good up move from here.
Please refer below chart : 1day Time Frame.
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Trade Setup for 28-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Wedge pattern breakout in ABFRL In today's session look at wedge pattern in ABFRL. According to this pattern expected target is 355+ in 1D timeframe.
Aditya Birla Fashion & Retail Ltd - 17.03.2022Aditya Birla Fashion & Retail Ltd - 17.03.2022
The stock is trading @ 285 levels
There is a SUPPORT Zone @ 271 levels, one can initiate a buy position at current levels with support @ 271
The prices are above EMA
There is a DOJI in Weekly Charts
RSI is 57 in Weekly Charts
Watch out for the price actions
ABFRL All detail for chat. good entry at 280 Around price and must stoploss is 265 minimum risk and good profit. risk ratio 1:2 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Double bottom formation on ABFRL On daily timeframeABFL is forming double bottom in daily time frame, if this stock is able to sustain the formation today, this this could be super bullish
Looking at the current market scenario, looks like the is going up in coming time.
Note: This is only for educational purpose
ABFRL Short Position If ABFRL break this trend line and closing below then the
Short Entry Point-247
Stop Loss- 257
first target 239
Second Target-221
Third Target 203
Swing Trade Opportunity in ABFRLSwing trade opportunity in ABFRL. Initial target can be between 295 - 300.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
ABFRL ; Medium Term Investment (Keep It Simple)FYI : Red Line refers to Monthly Trendline(TL) , Blue Line refers to Weekly Trendline(TL), Black Line refers to Daily Trendline (TL)
Aditya Birla Fashion and Retail Limited NSE:ABFRL is an Indian fashion retail company headquartered in Mumbai. ABFRL has a network of 3031+ stores with a presence across approximately 25,000 multi-brand outlets with 6,500+ point of sales in department stores across India.
1. Stock has been quite bullish for past some time ; Pre-covid line 2 was acting as a support but post-covid line 2 was acting as a resistance & once it broke it ,line 3 is acting as a support.
2. My take is that price will consolidate above 240 demand zone for some time before breaking previous ATH i.e. 313 approx. ; one can start building position here and add more when price crosses above 310-320 zone .
BUY @ CMP ; SL : 240 ; TGT : 400
Wishing you a Peaceful Trading
- Gursahaj Singh
DISCLAIMER : This is for demonstration and educational purpose only. This is not buying or selling recommendation. We are not SEBI registered.
abfrl 1 hrlooks good above bo of upper trendline trading in a range wait for no
do your own analysis before trading
Simple Trade Setup | ABFRL | 03-02-2022 [INTRADAY]NSE:ABFRL
Observations:
1) On 1 day time frame, it made cup with handle pattern. And today it closed in the resistance zone 305-310 level.
Breakout of 310 will give good up move of 5-8 point easily on intraday basis.
Please refer below chart : 1day Time Frame.
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Trade Setup for 03-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
ABFRL NSE:ABFRL [/symbol
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for tomorrow 3 feb.
RD trading stock watchlist for tomorrow ferbury 2.
