abfrl in a buy zone here its a buy zone
you can keep this in trading list
any day it will give intraday iopportunity
ABFRL trade ideas
ABFRL ascending triangleABFRL is at precovid resistance, it could be ascending triangle breakout after some consolidation. Target 350 and SL 190
ABFRL AT BO ZONE WITH NICE MOMENTUM AND VOLUME SUPPORTStock is near Breakout Zone with very nice Momentum and Huge Volume Support
SHORT TERM POSITIONAL TRADE (3-4months)
BUY ABOVE 225 TGT - 255, 280, 300+ WITH SL @ 190
ADITYA BIRLA FASHION TARGET HIT | TRADE SETUP FOR 28-07-2021NSE:ABFRL
Today, 27-07-2021, it has broken the orange trendline and hit two targets above it.
Trade setup for 28-07-2021
It may come to test the 220 level or even till the orange trendline.
1) If it takes support from 220 level then it will be a buy trade. Targets are mentioned on the chart.
2) If it goes till orange trendline and takes support from it then from that it will be the buy trade. Target will be 220, 223.50, 227.
It will be bullish after getting confirmation on the support either from 220 or from the orange trendline. Only took the trade after this confirmation.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
All 3 targets achieved in Aditya Birla Fashion [ABFRL]NSE:ABFRL
Today it worked as planned.
All 3 targets achieved.
Now from tomorrow all the same levels will work as support and resistance. Keep the trade on either side if one of the level break out or breakdown and you can keep the next target of next level in either up or down direction in trade.
Hope you had good trading in ABFRL.
Do comment if you have any doubt or suggestion.
ABFRL good for positional and swingABFRL given BO from weekly TL. now consolidating below its strong resistance zone 225. closing avove 225 can give good upmove for the target of 275-280
ABFRL | ADITYA BIRLA FASHION | TARGET AND LEVELS STILL THE SAMENSE:ABFRL
Today, it still didn't manage to break the orange trenline.
Strategy and levels will still remains the same as per previous post.
ABFRL | Aditya Birla Fashion | Trade Setup 26-07-2021NSE:ABFRL
Hope the chart is self explanatory.
If any doubt, do comment.
ADITYA BIRLA FASHION TECHNICAL ANALYSISAs shown in chart, there is a clear cut Rising Wedge formation, after that we may see a profit booking.
Levels to BUY the stock : 199-194.
Speaking about indicators below MACD is forming triple top, which is a clear cut bearish sign, so accordingly stock may fall to its demand zone.
Keep an eye and buy at dips.
Its one of the stock with very good fundamentals and strong management i.e BIRLA management.
I'd recommend to buy and accumulate at dips.
BUYING RANGE : 199-194 or below!!
ABFRL | Trying to plot a channel - Looks good for another 25%ABFRL | Trying to plot a channel - Looks good for another 25%
CMP : 224 (Dip : 217)
SL : 209
Target : 274
1:3+ risk reward setup
Aditya Birla Fashion at its support.223 and 225 is good support and it has already broken out from this support with huge volume .So buy at this support don't miss it :-)
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.
