ABFRL trade ideas
ABFRL LOOKS ATTRACTIVE AT 225-226WE CAN EXPECT SOME CONSLIDATION AT THIS POINT FOR SOME TIME.
A GOOD MOVE CAN BE SEEN ANYTIME
ABFRL longABFRL looking good long. Given a small trendline breakout and also a ascending triangle pattern breakout. After breakout it gave a retest or can say consolidation, which COULD be for another one or two day. Volumes are damn tempting. Can go long at these levels too. Gives you a good risk reward too.....
Aditya Birla Fashion and Retail (ABFRL) for swing tradeCurrently price is testing a long term support/resistance region. Fib retracement drawn between Swing low on Feb 1st and Swing high march 9th, it says ABFRL can reach 205 and 223 soon.
Positive news attached : Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday reported earnings before interest, tax, depreciation and amortisation (EBITDA) at Rs 253 crore in Q4 FY21 against Rs 167 crore in Q4 FY20.
AbfrlAll scripts posted here are only for study purpose do your analysis before taking any positions
Good move in this scriptTraders we can see good move in this script because of this volume bar so please be ready tomorrow
ABFRL - Triangle BreakoutBullish Triangle pattern Breakout in ABFRL. Looks good for swing traders at CMP.
Cup and Handle pattern breakoutA clear cut cup and handle pattern breakout with good volumes. Can be bought now for a target of 235-237.
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Aditya Birla Fashion - Quick 5% opportunityAditya Birla fashion is forming a descending triangle
A consolidation after a decent upmove can be seen
Levels are mentioned in the chart
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Regards,
Segan
ABFRLPRICE AT RESISTANCE LEVEL AND IT IS IPO PRICE LEVEL..IF IT BREAKS AND SUSTAINS THEN IT MAY TRY TO BREAK NEXT LEVEL..IF THERE IT SUSTAINS..THEN PRICE WILL ENTER INTO SKY ZONE...FOE LEARNERS GOOD STUFF TO OBSERVE
ABFRL LONGLOOKING BULLISH , VOLUMES ALSO GENERATED , I ALEARDY BOUGHT BOUGHT SOME SHARES LETS SEE WHAT HAPPENS MONDAY
ABFRL LONGGO LONG ONCE THE INSIDE TRENDLINE IS BROKEN WITH A SL OF 1.80 , GREAT RISK TO REWARD RATIO 1:3
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of trendline breakout. So traders keep on your radar to catch the momentum and enjoy the profit.
Aditya Birla Fashions: Bouncing from support.ABFRL (Aditya Birla Fashions) the brand Peter England, Pantaloons and recently added Ethnic wear brand Sabyasachi Couture by fashion designer Sabyasachi Mukherjee. It is at good support zone and is bound to go till 200. Current situation of lockdown/restrictions will affect its price. It is good buy on dips candidate till 165 with SL of 145.
(Disclaimer: Do your own Analysis!)
