ABFRL trade ideas
ABFRL Cmp 314 dated 10-11-2022 HAMMER @ SUPPORTABFRL Cmp 314 dated 10-11-2022
1. Hammer Candle @ support
2. RSI reversal
3. Good RRR
Buy above 315 for target 325-330-340-345-350-355 SL 305
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
uptrend parallel channel pattern in ABFRL.TATACHEM
Key highlights: 💡⚡
📈 On 2Hr Time Frame Stock Showing Reversal of uptrend parallel channel Pattern .
📈It can give movement upto the Reversal target of 330+.
📈There have chances of breakdown of supportlevel too.
📈 After breakdown of support level this stock can gives strong downside rally upto below 296-.
📈 Can Go Short in this stock by placing stop loss above 360 or last swing High.
ABFRL - Ichimoku Bullish Breakout Stock Name - Aditya Birla Fashion And Retail Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 356
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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ABFRL preparing for a bull run The stock stock showing strong upward momentum since a year not its preparing for a big move after breakout and retest.
keep the stock in radar.
#note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor.
ABFRL Cmp 335 dated 23-9-2022 BEARISH ENGULFING AT TOPABFRL Cmp 335 dated 23-9-2022
1. Bearing Engulfing Candlestick @ top of the
chart.
2. RSI had already breakdown
Sell below 333 for target 323-310-300-290-275 SL 250
Disclaimer :
I am not a Sebi registered Analyst so please do
your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses
amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Levels which will work for 4H,Daily,weekly time frames .hi dear @Charan08 thanks for asking
my views
Long term view: Nothing seen in charts its in complete uptrend.
short term view: it looks doji in weekly time frame and sellers are really looking interested to sell this (pretty high volume) next one or two weekly candles may decide its direction and if look from wave count p.o.v. i don't this it's wave is completed yet. uncertain as of now but you can play out with levels mentioned in the chart.
Intraday : Please use these line in any time frame you like this will work like charm for you.
please refer to the chart.
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